# Stratasan

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

- Industry: Software
- Headquarters: Nashville, US
- Total disclosed funding: $24M
- Latest round: Series A (Jul 10, 2019)
- Investors on record: 5

## About

Founded in 2010 by co-founders Jason Moore and Brian Dailey and based in Tennessee, US, Stratasan, LLC develops web-based software and professional services to streamline financial processes, enhance reporting capabilities, and provide actionable insights to support decision-making for the healthcare industry. In July 2022, Syntellis Performance Solutions, LLC, a portfolio company of Madison Dearborn Partners and Thoma Bravo, agreed to acquire Stratasan, LLC, from XMi High Growth Development Fund, Blue Heron Capital, Bridge Bank, Frist Cressey Ventures, and Fulcrum Equity Partners. The transaction was completed in August 2022.


Stratasan's core product is a software platform that integrates financial planning, budgeting, forecasting, and reporting functionalities. This product provides comprehensive market intelligence to help healthcare organisations identify growth opportunities and understand competitive dynamics. It includes tools for demographic analysis, patient origin mapping, and market share assessment. Additionally, the company offers service line planning and optimization which allows healthcare providers to analyse patient data, identify service line gaps, and plan for future service line expansions or contractions based on market demand. The firm also offers consulting services that offer customised data analysis and strategic planning support. The tool offers interactive mapping and data visualisation features that help healthcare organisations visualise patient data, market trends, and competitive landscapes.

## Funding rounds

- Series A, Jul 10, 2019, $23M — Blue Heron Capital, Fulcrum Equity Partners, Frist Cressey Ventures, Bridge Bank
- Seed, Nov 1, 2012, $0.8M — XMi High Growth Development Fund
- Seed, Sep 1, 2012, $0.5M — XMi High Growth Development Fund

## Investors

- XMi High Growth Development Fund (https://capitalatlas.ai/funds/xmi-high-growth-development-fund) — Seed
- Blue Heron Capital (https://capitalatlas.ai/funds/blue-heron-capital) — Series A
- Fulcrum Equity Partners (https://capitalatlas.ai/funds/fulcrum-equity-partners) — Series A
- Frist Cressey Ventures (https://capitalatlas.ai/funds/frist-cressey-ventures) — Series A
- Bridge Bank — Series A