Georgia-based, Loyal, a health-tech company raised $33.5 million led by Concord Health Partners in a Series B round.
Many strategic investors actively backed the round.
Loyal Rasied $33.5M Series
CEO Loyal, Chad Mallory said that the funds enable us for performance marketing, expansion, and hire new talent that helps Loyal to accelerate growth.
Loyal is a health-tech company focused on digital care of the patients. Layal helps hospitals improve patient engagement with the help of advanced AI, which makes patient care easy. Right now more than 38 health systems use Loyal.
Moreover, after this funding round, Chad announced he joined the Senior Advisor position and left the CEO position with the support of the board.
Also, the Founder of Emids Technologies, Saurabh Sinha brings expertise to the Loyal board and builds a unicorn company.
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