What You Should Know:
– Royal Health Inc., a provider of advanced radiology software and workflow solutions, announced today the closing of a minority investment led by HealthQuest Capital, a growth capital firm focused on transformative healthcare companies.
– The recapitalization represents a significant milestone for Royal Health, resulting in a near eightfold increase in enterprise valuation since its previous investment round in 2019.
While the specific funding amount remains undisclosed, this strategic investment will fuel Royal Health’s continued growth and innovation in the rapidly evolving field of radiology. The funding will be used to:
- Scale operations: Expand the company’s reach and capabilities to better serve its growing customer base.
- Enhance technology offerings: Further develop and refine Royal Health’s cutting-edge radiology software and workflow solutions.
- Expand market presence: Increase penetration in both U.S. and international markets.
“This partnership with HealthQuest Capital represents a significant milestone for Royal. Their expertise and shared commitment to advancing healthcare align perfectly with our mission to revolutionize radiology with smarter, more efficient solutions. This investment will allow us to accelerate delivering exceptional value to imaging centers, healthcare providers and patients,” said Peter Nassif, CEO and Founder of Royal Health Inc.