US Capital Global Advises on $5 Million Preferred Equity Investment in Carepoynt
San Francisco-based private financial group provides financial advisory services to first-to-market health and wellness rewards platform.
SAN FRANCISCO, September 2018 – US Capital Global is engaged as exclusive financial advisor on a $5 million preferred equity investment in the US-based health-focused rewards company, Carepoynt, LLC (“Carepoynt”). Launched in 2015, Carepoynt works alongside partners and healthcare providers to promote healthy lifestyle choices to its wide membership base, while delivering customized health-based content and recommendations.
Headquartered in San Francisco, US Capital Global is a full-service private financial group with an established track record in asset-based finance and capital raise services. The firm focuses on providing lower middle market businesses and investors with sophisticated debt, equity, and investment products usually available only to larger companies and institutional investors.
Tim Stanley, co-founder and CEO of Carepoynt, said: “With nearly 20,000 nationwide members and hundreds of healthcare, wellness, and other local and online partners on the platform as part of the Carepoynt community, we’re delighted to be working with US Capital Global’s skilled advisory team as we build momentum and move forward with our growth plans to make healthcare more rewarding for all.”
“We’re extremely pleased to be advising on this $5 million preferred equity investment in Carepoynt,” said Charles Towle, Managing Partner at US Capital Global. “The company approached our firm to raise capital for platform expansion, for sales and marketing growth, and for additional working capital to support business operations. We believe this healthcare rewards company is a first of its kind, and the opportunity to participate in Carepoynt’s $5 million preferred equity investment is now open to eligible investors.”
Developed in response to the costly, chaotic, and uncoordinated healthcare ecosystem, Carepoynt is a consumer-centric program built around a multi-channel, cloud-based Rewardsware for Healthcare™ platform. Here members can connect, align, engage, and be rewarded within a trusted network of health-focused providers, payers, employers, and strategic partners. Carepoynt’s mission is to encourage healthier living, enhance value, and improve the results of health investments, while enabling more engaging experiences and better outcomes across the healthcare and wellness ecosystem.
About US Capital Global
Since 1998, the US Capital team has been committed to providing small and lower middle market businesses and investors with sophisticated debt, equity, and investment opportunities usually available only to larger middle market companies and institutional investors. The US Capital Global group manages direct investment funds and provides wealth management and capital raise services. Operating with its registered investment bank affiliate, US Capital Global Securities, LLC, the firm acts as a licensed placement agent for companies, funds, and projects, and collaborates closely with its peers in professional banking and investment advisory. www.uscapglobal.com