How Much Did Softek Illuminate Raise?
Funding & Key Investors

Softek Illuminate has secured $430K in total funding, with its most recent capital infusion amounting to $280K from a major strategic investment. This significant backing underscores the company's established position in the health tech sector.

What is Softek Illuminate?

Softek Illuminate
SoftwareHealthcare Software

Softek Illuminate is a leader in leveraging Electronic Medical Record (EMR) data and clinical insights to develop physician-driven software solutions tailored for healthcare practices. The company's focus on enhancing operational efficiency and clinical decision-making through data analytics positions it as a key player in the digital health transformation.

How much funding has Softek Illuminate raised?

Softek Illuminate has raised a total of $430K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$280K

Debt (2020): $150K with participation from PPP

Debt (2021): $280K led by PPP

Key Investors in Softek Illuminate

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Softek Illuminate?

With a substantial total funding of $430K and recent strategic investment, Softek Illuminate is poised for accelerated growth and market expansion. The company's late-stage funding context suggests a focus on scaling operations, enhancing its product suite, and potentially exploring new market segments or strategic partnerships. This capital infusion will likely fuel further innovation in physician-driven software solutions, reinforcing its competitive edge in the health care industry.

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Frequently Asked Questions Regarding Softek Illuminate Financial Insights

What are the most recent funding rounds that Softek Illuminate has completed, and what were the funding rounds?
Softek Illuminate has recently completed 2 funding rounds: Debt on Jan 25, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Softek Illuminate has raised to date?
Softek Illuminate has raised a total of $430K in funding to date.
How many funding rounds has Softek Illuminate completed?
Softek Illuminate has completed 2 funding rounds.
How much funding did Softek Illuminate raise in its most recent funding round?
Softek Illuminate raised $280K in its most recent funding round.
Who are the lead investors in Softek Illuminate's latest funding round?
The lead investor in Softek Illuminate's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Softek Illuminate's history?
The largest funding round in Softek Illuminate's history was $280K.
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