ModMed, a Boca Raton, FL-based specialty-specific healthcare SaaS technology company, received a majority growth investment from Clearlake Capital.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its development efforts.
ModMed empowers medical practices to grow and scale by delivering better patient experiences with cloud, data, and AI technologies. Leveraging extensive clinical data sets, they design intelligent software solutions to simplify, automate, and streamline clinical workflows and drive practice efficiency. Its specialty-specific EHRs, practice management, revenue cycle management, and analytics solutions, as well as products for patient engagement, payment processing, and marketing are used by over 40,000 providers to drive clinical and operational success.
The team include:
- Dan Cane, Co-Chief Executive Officer and Co-Founder.
- Joe Harpaz, Co-Chief Executive Officer.
- Dr. Michael Sherling, Chief Medical and Strategy Officer and Co-Founder.
FinSMEs
03/03/2025