Zaffre reaches Arcadia in $13m round

Jul 24, 2017 • Robert Lavine

Blue Cross Blue Shield of Massachusetts' Zaffre Investments fund has joined the investors in electronic health record analytics platform Arcadia Healthcare Solutions.

US-based electronic health record (EHR) analysis software developer Arcadia Healthcare Solutions has secured $13m from investors including Zaffre Investments, the venture capital arm of insurer Blue Cross Blue Shield of Massachusetts.

Healthcare-focused private equity firm Peloton Equity and unnamed existing investors also participated in the round.

Founded in 2002, Arcadia has built an aggregation and analytics platform for EHRs that serves large-scale care providers, health plans and integrated healthcare delivery networks.

Steve Agular, managing director of Zaffre Investments, said: “The…

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