Investors in Financial Services-, Healthcare- and Regulatory-Focused Technology Companies
Resolute Capital Partners (“RCP”), announced the company has completed a $1.5 million equity investment in Routinify, a technology-based, remote healthcare solutions company. RCP leadership believes that technology companies within the healthcare, financial services, and regulatory sectors are defensible due to each sector’s immense national and global demands.
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“We see that Routinify’s technology-enabled home healthcare services are the future of eldercare and rehabilitation services within our community, especially as our population ages in a COVID-19 era,” said Thomas Powell, senior managing partner and founder of Resolute Capital Partners. “Routinify’s technology provides a critical service to its customers, and it is led by an experienced executive team which has the experience to grow the organization into a household name. It’s founder and CEO, Pat Kelly, has successfully led or served as a key member of the leadership team for three start-up exits which were eventually acquired by companies such as Cisco, Nice Systems and TTEC.”
Routinify provides comprehensive care for seniors and those with in-home or remote care needs through their WellAssist™ program. The WellAssist™ program collects real-time data from wearable and medical devices, as well as in-home sensors and the patient’s own interaction with the at-home devices. Together, this information is utilized to create a fully customizable, holistic solution that allows 24/7 engagement between the aging family member, the family and any additional caregivers.
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“I am thrilled to partner with Resolute Capital Partners,” said Pat Kelly, CEO and founder of Routinify. “Resolute Capital’s technology fund helps entrepreneurial ventures meet their potential, and I believe Routinify will play a vital role throughout our communities as families and healthcare practitioners seek to find new ways to provide quality in-home care for aging adults, while limiting exposure for both the aging adult and the healthcare providers to pathogens. In the coming months, I expect demand for home-based TeleCare to increase as individuals reconsider enrolling loved ones in managed facilities, and as others consider options for bringing their loved ones back home.”
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