Startups  September 18, 2019

Quality Biomedical takes $5M private equity investment

By

BOULDER — Health-care equipment provider Quality Biomedical Inc. has landed a $5 million initial investment from a New York private equity fund.

The Boulder-based company reported the equity sale from a lone investor Tuesday in filings with the U.S. Securities and Exchange Commission. In a separate statement, Quality said its investor was Aeonic Partners LLC. It plans to use the funds to add warehouses and service centers across the country.

Quality Biomedical operates a web app for medical managers to track medical equipment in hospitals, clinics and home-care operations.

The investment was brokered by New York-based Prime Capital LLC, which will receive a $350,000 finder’s fee.

BOULDER — Health-care equipment provider Quality Biomedical Inc. has landed a $5 million initial investment from a New York private equity fund.

The Boulder-based company reported the equity sale from a lone investor Tuesday in filings with the U.S. Securities and Exchange Commission. In a separate statement, Quality said its investor was Aeonic Partners LLC. It plans to use the funds to add warehouses and service centers across the country.

Quality Biomedical operates a web app for medical managers to track medical equipment in hospitals, clinics and home-care operations.

The investment was brokered by New York-based Prime Capital LLC, which will receive a…

Related Posts

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Categories: Boulder Morning Edition Startups Technology Today's News Venture Capital
Sign up for BizWest Daily Alerts