Azadian Group's Small Business Growth Fund provides $400K to a Utah-based healthcare services company
/The company provides patented diabetes monitoring and wellness solutions that increase visibility, lower costs and provide real-time care for members resulting in improved outcomes. Customers include state and municipal employee health plans and major health insurance carriers.
The funding will bridge the company's working capital needs in anticipation of closing on a larger public financing round.
The transaction closed in less that 24 hours from initial contact.