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Mid-South Capital Connection Panels Explore the Dealmaking Environment

Mid-South Capital Connection Panels Explore the Dealmaking Environment
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Combination of Verisys Corporation and Aperture Health Creates Market Leader in Healthcare Credentialing and Provider Data Management


SOUTH JORDAN, Utah, June 28, 2021 /PRNewswire-PRWeb/ -- Verisys Corporation and Aperture Health have been acquired and combined by funds managed by Stone Point Capital.
"The combined company establishes a market leader in the credentialing, enrollment, and provider data management space that can provide an exceptional level of service, security, and scalability," said Stone Point CEO Chuck Davis. "We're looking forward to leveraging our network within the managed care and workforce risk management industries to support the company's next phase of growth."
The combined organization brings together leaders of respected and recognized companies. John Benson, formerly CEO at Verisys, has assumed the role of Chairman. Charlie Falcone, formerly CEO of Aperture Health, has assumed the role of CEO.

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Combination of Verisys Corporation and Aperture Health Creates Market Leader in Healthcare Credentialing and Provider Data Management

Combination of Verisys Corporation and Aperture Health Creates Market Leader in Healthcare Credentialing and Provider Data Management
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Gradient AI Secures $20 Million in Series B Financing


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This infusion of additional capital allows Gradient to expand its product offerings, accelerate its customer acquisition plans, and expand its Board of Directors with the addition of Kyle Beatty, Managing Director at American Family Ventures. Kyle brings deep domain and investing expertise in insurtech, data analytics, and enterprise software platforms, including prior leadership and product positions at Verisk Analytics, Willis Towers Watson, and Risk Management Solutions.
Gradient’s artificial intelligence solutions help commercial insurers automate and improve underwriting results, reduce claim costs, and improve operational efficiencies. The Gradient software-as-a-service (SaaS) platform boasts a proprietary dataset comprised of tens of millions of claims, which is complemented with several economic, health, and litigation datasets. This robust aggregation of data provides out-of-the-box claims and underwriting precision for new clients, and it is continuously refined with client-specific data over time.

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Gradient AI Secures $20 Million in Series B Financing – Consumer Electronics Net


2 hours ago
Funding to Meet Demand and Drive Further Growth of Its Artificial Intelligence and Machine Learning Solutions
BOSTON–(BUSINESS WIRE)–Gradient AI, the leading enterprise software provider of artificial intelligence solutions in the insurance technology space, announced today that it has raised $20.0 million in a Series B financing led by American Family Ventures with participation from principals from Stone Point Capital, and BSC Capital as well as existing investors MassMutual Ventures, Sandbox Insurtech Ventures and Forte Ventures.
This infusion of additional capital allows Gradient to expand its product offerings, accelerate its customer acquisition plans, and expand its Board of Directors with the addition of Kyle Beatty, Managing Director at American Family Ventures. Kyle brings deep domain and investing expertise in insurtech, data analytics, and enterprise software platforms, including prior leadership and product positions at Verisk Analytics, Willis Towers Watson, and Risk Management Solutions.

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