LLR Partners has made an investment in Azalea Health, a rapidly growing provider of cloud-based electronic health record and patient engagement solutions for inpatient and outpatient community health organizations. The capital will support CEO and co-founder Baha Zeidan and the Azalea management team as they invest in product innovation, pursue organic growth and explore acquisition opportunities.
“LLR brings 20 years of experience helping healthcare technology businesses grow,” said Zeidan “The LLR team’s support through capital, industry expertise and value creation resources will help us continue to transform the continuum of care with a ‘one patient, one record’ approach that drives better outcomes for patients and providers alike.”
“Azalea offers one of the only pure cloud solutions for inpatient and outpatient healthcare providers,” said Sasank Aleti, Partner at LLR Partners. “Azalea’s strong organic growth and ability to displace the competition is a reflection of the company’s commitment to bringing innovation and market leading technology to its customers. We look forward to partnering with the Azalea team as they expand their platform and continue to focus on accelerating growth.”
Azalea joins LLR Partners’ portfolio of high-growth healthcare technology companies. Sasank Aleti will join the Azalea board of directors along with Scott Perricelli, partner at LLR.