Harpeth Capital

Harpeth Ventures Opportunity Fund is pleased to announce an investment in CaringWays, a fundraising platform designed specifically to help patients and families pay for medical expenses with ease and security. The raise will be used to accelerate growth and expansion in the healthcare services market.

“This investment exemplifies the Fund’s objectives to partner with companies that are finding creative solutions within the healthcare landscape, in this case identifying alternative payment options for patients that also benefit providers,” said Chuck Byrge, senior managing director of Harpeth Ventures.

“I know firsthand that unexpected medical expenses can cause stress and anxiety for patients and their families. CaringWays fills a gap in helping patients, their loved ones, and hospitals resolve medical bills in a way that is convenient and secure,” said Wes Sellers, CaringWays’ CEO and co-founder. “We believe that this solution is a rising tide that lifts all boats.”

Adam Landa, managing director of Harpeth Ventures, added, “We have had the pleasure of working with the founders of CaringWays in prior endeavors and are excited to be involved in their development of this needed service.”

CaringWays offers a straightforward, secure way for patients to crowdfund and pay directly for medical expenses, prescription drugs, and other health-related needs. While crowdfunding for healthcare bills, needed surgeries, and post-acute care has become common in recent years, CaringWays is the first platform specifically and exclusively designed to serve patients and their families.

CaringWays is transparent and HIPAA compliant, offering peace of mind to donors and patients. Hospitals are paid directly through CaringWays, making transactions simple and seamless. In addition to partnering with hospitals, CaringWays works with addiction treatment facilities and other healthcare providers, allowing friends and family to directly contribute to their loved one’s care.

Harpeth Ventures teamed with Caduceus Capital Partners on this round. Mr. Byrge will serve on the CaringWays board of directors.

About Harpeth Ventures Opportunity Fund, LP

Harpeth Ventures targets investments in disruptive companies well positioned for substantial growth, with a predominant focus in the healthcare sector. Targeted companies benefit from leveraging the firm’s broad and deep network and strategic advice. Harpeth Ventures is an affiliate of Harpeth Capital, a private, middle market investment banking firm headquartered in Nashville, Tenn. serving clients throughout the U.S. For more information, visit www.harpethcapital.com.