Key Highlights
- Solarity secures investment from TA Associates, a leading global private equity firm.
- Partnership aims to expand Solarity’s market reach and enhance product offerings.
- Solarity’s technology automates clinical data processing, improving data accuracy and efficiency.
- Over 500 hospitals and 6,000 physician offices currently utilize Solarity’s solutions.
- TA Associates to join Solarity Board of Directors, strengthening leadership.
Source: Business Wire
Notable Quotes
- “We are greatly thankful for BV’s continued commitment and are thrilled to welcome TA as a new partner in our mission to revolutionize the healthcare technology ecosystem.” — Andrew Fehlman, CEO at Solarity
- “Solarity’s automation engine is uniquely positioned to solve this pain point, transforming workflows so providers can process complex data more efficiently.” — Ethan Liebermann, Managing Director and Co-Head of Healthcare at TA
- “We are fortunate to have worked with such a top-notch team over the past several years to scale the business and solidify its market-leading position.” — Sean Wilder, Managing Director at BV
SoHC's Take
Solarity’s strategic growth investment from TA Associates marks a significant milestone in the healthcare technology sector. This partnership not only underscores the value of Solarity’s innovative solutions but also positions the company for accelerated growth and enhanced market presence. By automating clinical data processing, Solarity addresses a critical need in healthcare, improving data accuracy and efficiency while reducing manual labor. The backing of TA Associates, coupled with continued support from BV Investment Partners, promises to drive further advancements in Solarity’s technology, ultimately contributing to better patient outcomes and more efficient healthcare delivery systems.
