Harpeth Ventures Announces Investment in Calm Waters AI
Harpeth Ventures Opportunity Fund (“Harpeth Ventures”) is pleased to announce a growth equity investment in Calm Waters AI, a Nashville-based provider of industry-leading autonomous coding capabilities to health systems, hospitals, and physician groups. Calm Waters represents Harpeth Venture’s fourth portfolio investment.
The equity investment is being made to support management as they look to capitalize on a strong pipeline of healthcare providers, including recently signing one of the largest orthopedic groups in the country.
“The Calm Waters team is excited about the market’s acceptance and the opportunity to partner with healthcare providers across the spectrum of disciplines,” said Joe Ferro, President of Calm Waters. “We appreciate the support of Harpeth Ventures as well as their experience, and are particularly excited about utilizing their network of relationships to enhance the business.”
Said Chuck Byrge, “We are very excited to have the opportunity to partner with Joe and the team. The combination of a prior relationship with the management team, a cutting-edge offering, a strong pipeline, and our ability to bring our relationships into the equation suits our Fund’s investment thesis well.”
For more information on Calm Waters, please visit their website.