Resolute Capital Partners, a private equity firm, has completed a $1.5 million equity investment in Routinify, a technology-based, remote healthcare services company.
Routinify provides care for seniors and those with in-home or remote care needs through their WellAssist program, which collects real-time data from wearable and medical devices, as well as in-home sensors and the patient’s interaction with the devices.
“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.
Resolute Capital Partners’ senior executives seek to identify emerging trends and advancements in the fintech, healthtech, and regtech fields that present what they deem as strong investment opportunities. The firm has offices in San Francisco, Dallas and Minneapolis, and since its founding in 2010, has raised more than $230 million in its various energy, technology, and real estate funds.