# PerfectServe

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/perfectserve

- Industry: Software
- Headquarters: Knoxville, US
- Website: www.perfectserve.com
- Total disclosed funding: $17M
- Latest round: Series C (Feb 2, 2012)
- Investors on record: 9

## About

PerfectServe, Inc. is a healthcare communication provider specializing in solutions that enhance clinical collaboration and streamline patient-provider communication across various healthcare environments.PerfectServe, Inc. was founded in 2000 and is headquartered in Knoxville, US. The company specializes in healthcare communication systems that improve operational workflows in clinical settings. It has undergone transformations in its service offerings to adapt to the evolving healthcare landscape. Founded by Suvas Vajracharya, PerfectServe has raised a total of USD 21.00 mn through multiple funding rounds, with its most recent being a VENTURE DEBT round in May 2018, securing USD 20.00 mn from Hercules Capital.PerfectServe specializes in healthcare communication systems that optimize provider scheduling, enhance clinical collaboration, and improve patient and family communication across various care settings. Their core offerings include Dynamic Intelligent Routing®, a mobile-enabled platform that ensures accurate and timely routing of calls and messages to the appropriate healthcare provider, addressing the complexities of clinical workflows while ensuring compliance with healthcare regulations. The company’s solutions are designed to streamline communication for hospitals, health systems, and medical practices, including nurses, physicians, and administrative staff. PerfectServe serves a broad client base that encompasses over 30,000 healthcare organizations, primarily within the United States and Canada, facilitating efficient communication and operational workflows. Additionally, their services cater to diverse end-user groups, including healthcare providers, patients, and support staff, enhancing patient engagement and care outcomes.PerfectServe generates revenue primarily through subscription-based models for their clinical communication and collaboration services. Transactions typically occur through annual or monthly subscriptions, wherein healthcare organizations pay for access to PerfectServe's platform and its array of integrated features, such as secure messaging, automated scheduling, and patient engagement tools. The company’s flagship product, Dynamic Intelligent Routing®, serves as a pivotal component of its revenue structure, offering clients a comprehensive solution to manage communication seamlessly. Clients may also engage in tiered pricing plans based on the scale and specific needs of the organization, which could include add-on features or integrations with existing systems. PerfectServe’s client relationships are characterized by long-term partnerships, ensuring ongoing support and system updates, further solidifying their revenue stream within the healthcare sector.Looking ahead, PerfectServe is focused on developing new products to enhance their healthcare communication systems. They aim to expand their market presence into new geographic regions, targeting further penetration in both the United States and Canada by 2023. The recent funding secured in May 2018 will support these initiatives, allowing the company to reinforce its product development efforts and explore strategic partnerships to optimize healthcare communication solutions.

## Funding rounds

- Series C, Feb 2, 2012, $11M — RC Capital, Village Ventures, Spring Mill Venture Partners, Piper Sandler, CHV Capital, MemorialCare Innovation Fund
- Series B, Oct 22, 2008 — RC Capital, Village Ventures, Spring Mill Venture Partners
- Series A, Sep 28, 2000, $6M — RC Capital, Beecken Petty O'Keefe & Company, ORHEP, Banc One Equity Capital

## Investors

- RC Capital (https://capitalatlas.ai/funds/rc-capital) — Series A, Series B, Series C
- Beecken Petty O'Keefe & Company — Series A
- ORHEP (https://capitalatlas.ai/funds/orhep) — Series A
- Banc One Equity Capital — Series A
- Village Ventures (https://capitalatlas.ai/funds/village-ventures) — Series B, Series C
- Spring Mill Venture Partners (https://capitalatlas.ai/funds/spring-mill-venture-partners) — Series B, Series C
- Piper Sandler (https://capitalatlas.ai/funds/piper-sandler) — Series C
- CHV Capital (https://capitalatlas.ai/funds/chv-capital) — Series C
- MemorialCare Innovation Fund (https://capitalatlas.ai/funds/memorialcare-innovation-fund) — Series C