What it is best to know:

– Boomerang Ventures, an early-stage enterprise studio and enterprise capital fund targeted on related healthcare options, introduced a strategic partnership with CareSource, a nationally acknowledged nonprofit managed care group.

– The strategic partnership marks an essential step towards advancing healthcare entry, high quality and fairness.

Partnership advantages

• CareSource turns into a Restricted Associate: This funding will permit Boomerang to develop its attain and put money into promising healthcare startups with funding starting from $500,000 to $2 million.
• Geographical extension: The partnership facilitates Boomerang's entry into new, strategic markets that align with CareSource's enterprise.
• Co-investment alternatives: CareSource may have entry to put money into superior well being applied sciences along with Boomerang's experience.
• State degree involvement: Each organizations work collectively to determine and develop promising well being options with native stakeholders.
• Community entry: CareSource advantages from Boomerang's community of healthcare professionals, caregivers and traders.
• Choices for pilots: Portfolio firms achieve precious publicity by testing their applied sciences with CareSource suppliers.

“Boomerang Ventures is happy to welcome CareSource as a strategic companion in our mission to rework healthcare via innovation. This funding will increase our means to drive enhancements in healthcare and supplies CareSource with distinctive entry to our strategic community and breakthrough applied sciences. In keeping with CareSource's curiosity in choose markets, this partnership opens alternatives for portfolio enlargement and cultivating enterprise relationships,” stated Oscar Moralez, founder and managing companion of Boomerang Ventures.

Go to In search of Funding to discover financing alternatives with Boomerang Ventures.