Financing package will support expansion for the rapidly-growing
software and consulting company
ST.
LOUIS, June 24, 2024 /PRNewswire-PRWeb/ -- D2
Solutions, whose software solutions and consulting expertise help
healthcare providers deliver better experiences across the
prescription journey, acquired a seven-figure growth funding
package from Decathlon Capital Partners to support its growth
initiatives.
"The dilution-free funding provided by
Decathlon Capital Partners gives us the ability to support our
rapid expansion without giving up any equity or ownership." -
Dean Isaac, D2 Solutions CFO
Headquartered in Chesterfield,
Missouri, D2 Solutions will use the additional capital to
expand its platform development, strengthen its customer service
operations, and add new SaaS service offerings to its line-up.
Details of the revenue-based financing were not disclosed.
Dean Erhardt, Chief Executive
Officer of D2 Solutions, said D2 Solutions has helped more than 500
healthcare industry partners work toward increased efficiency,
decreased risks, and expanded access in the prescription realm. "By
combining consulting with technology, we are able to develop
real-world solutions for our partners," Erhardt said. "This is a
market that's constantly changing, and we're here to help
manufacturers, pharmacies, and hospitals bridge the gap with our
team of industry experts."
Dean Issac, Chief Financial
Officer of D2 Solutions, said D2 Solutions is looking forward to
expanding its offerings, thanks to Decathlon's flexible solutions
that fund growth initiatives. "The dilution-free funding provided
by Decathlon Capital Partners gives us the ability to support our
rapid expansion without giving up any equity or ownership," Issac
said. "We look forward to continuing to work with Decathlon."
John Borchers, Managing Director
of Decathlon Capital Partners, said incorporating software
solutions and expert consulting into one partner is what sets D2
Solutions apart. "For over fifteen years, D2 Solutions has helped
its partners grow, thanks to its team of healthcare leaders,"
Borchers said. "We are excited to see how this funding will help
its impressive growth trajectory."
About D2 Solutions
D2 Solutions works with partners across the healthcare
industry—including manufacturers, pharmacies, payers, PBMs, and
hospital systems—to increase efficiency, minimize risk, and drive
access through a ground-breaking combination of expert consulting
and novel technology. Its team is made up of seasoned clinical
experts and healthcare industry leaders, who have experienced the
complex challenges facing healthcare organizations firsthand. Learn
more at https://d2rx.com/.
About Decathlon Capital Partners
Decathlon Capital Partners provides growth capital for companies
seeking alternatives to traditional equity investment. Through the
use of highly customized revenue-based financing solutions,
Decathlon provides long-term growth capital without the dilution,
loss of control and operational overhead that often comes with
equity-based funding. With offices in Palo Alto and Park City,
Decathlon is the largest revenue-based funding investor in the U.S.
and is active across a wide range of sectors. Learn more at
http://www.decathloncapital.com.
Media Contact
Justin, D2 Solutions, 6365377805, info@d2rx.com,
https://d2rx.com/
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SOURCE D2 Solutions