FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / Press Releases / Read Press Release


Cogitivo Secures $7MM Financing With Marble Bridge

February 04, 2016, 07:56 AM
Filed Under: Technology

Cogitativo – developers of the industry's first healthcare data science as a service platform, has completed a financing facility up to $7 million with Marble Bridge Funding Group, Inc.

"With this facility, we are able to accelerate our national growth with payer and provider organizations and realize our vision of unlocking healthcare's hidden assets - Data," said Gary Velasquez, Chief Executive Officer of Cogitativo. "Our healthcare system is driven by an intricate collection of behaviors. Only by understanding the causes of those behaviors can we make the system truly work, especially for those who matter most: patients."

"Cogitativo's combination of data science and healthcare expertise, with proven client results, will propel the company's rapid growth," said Paul Candau, CEO & Founder at Marble Bridge. "We are excited to partner with this visionary company to help payers and care providers, across the U.S. healthcare system, attain deep insights and actionable efficiencies."

The funds will be used to expand Cogitativo's data science and sales teams.  Cogitativo is in production with several of its products with a select group of innovative healthcare payers and providers.

Cogitativo based in Berkeley, CA is dedicated to improving healthcare operations by helping clients make sense of their complex data to answer their most intractable and challenging questions. Cogitativo's data scientists and healthcare experts together create a powerful resource of science, insights and solutions. Using a challenge-based learning approach, with a client's disparate and noisy data, Cogitativo creates bespoke solutions allowing clients to look deeply into their business.

Marble Bridge Funding Group based in Walnut Creek, CA is a strategic commercial finance partner providing funding, capital strategies, cash-flow management, and advisory services to growth-driven entrepreneurial companies. As a privately held direct lender, Marble Bridge finances growing businesses from startups to companies with over $50 million in sales, with a variety of customized programs and services.

Week's News

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.