Brentwood, Tenn., Oct 6, 2022 – IntellaTriage, the leading provider of post-acute nurse triage services, today announced a new round of growth investment led by Pacific Lake Partners, with participation from Trilogy Search Partners, TTCER Partners, The Nashton Company, Aspect Investors, and Granite Point Partners.
In 2022, IntellaTriage will grow annual recurring revenue by over 100% and add a large number of new customers, including several national hospice and home health providers. This year is expected to be IntellaTriage’s best year on record, fueled by the addition of new clients and the expansion of relationships with existing clients. The new funding will accelerate investments in the company’s technology platform and the hiring of high-quality team members to continue providing exceptional service to new and existing customers.
Founded in 2008, IntellaTriage delivers triage care 365 days per year to providers and their patients across the nation. With the largest network of remote registered nurses in the post-acute care segment, IntellaTriage provides best-in-class care when patients need it and alleviates the burden on clinicians on the front lines – reducing nurse burnout and turnover for their customers.
Daniel Reese, CEO of IntellaTriage, said, “This funding allows us to invest in our growth as we continue our mission of providing exceptional patient care to new and existing customers and will enhance our technology platform to improve the nurse and patient experience.”
Founded in 2009 by Coley Andrews and Jim Southern, Pacific Lake Partners is an investment firm dedicated to partnering with and providing best-in-class support for entrepreneurs. The firm has backed hundreds of entrepreneurs and invested in over 100 companies.
Mr. Andrews said, “In the three years since our partnership began, IntellaTriage has impressively expanded its relationships with leading health care providers and further accelerated its growth in the hospice and home health markets. We believe IntellaTriage has a long runway of opportunity, and we are excited to support this next phase of the company’s growth.”