Diagnostics, Financing, Medical device

Ingram Medical in $30 million series B financing round

Posted on 10 September 2013

Tags: , , ,

Mercato Partners has led an oversubscribed $30M Series B round of financing in Ingram Medical, a technology-enabled healthcare distribution business.

Mercato brought together a group of strategic investors for the series B financing round, including Intermountain Healthcare, an internationally recognized healthcare system, StepStone Group, a global private equity firm and other limited partners.

At its core, Ingram Medical is a chronic care product and sales platform. This series B financing and partnership will enable the company to continue its rapid growth and expand in other chronic care groups.

The company has generated over 400% growth in its customer base over the past two years, driven by a highly automated sales process and exceptional customer service approach.

This year Ingram Medical was named one of Utah's fastest growing companies by Utah Business magazine and the founders were awarded the Ernst and Young Entrepreneur of the Year in the Utah region.


Report: Diagnostics Partnering Terms and Agreements

Report: Diabetes Partnering

View: Current Partnering’s Financing Scorecard – view top life science financing deals by value

View: Current Partnering’s Deal Metrics – the latest deal trend infographics for life science deal making

View: Current Partnering’s Big Pharma Deal Making Scorecard – latest trends in big pharma deal making activity

View: Current Partnering’s Big Biotech Deal Making Scorecard – latest trends in big biotech deal making activity

Signup: Current Partnering Dealmakers Update – weekly newsletter providing the latest life science industry deal news, deal making trends, partnering events – sign up now

Signup: Current Agreements Deals Review – monthly newsletter - reviewing the previous month’s life science deal making – partnering, M&A and financing – sign up now

Subscribe: Current Agreements life sciences partnering, M&A and financing deals database – find out more

Follow us on: LinkedIn Current Partnering | LinkedIn Business Development Network | @Currentpartner on Twitter

Print Friendly, PDF & Email

Leave a Reply