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What does Binary Fountain do?
Binary Fountain,is a provider of healthcare reputation management and patient experience analytics. This company provides the leading consumer feedback management solution. It extracts operational intelligence from the consumers feedback and distils this data into actionable insights. This firm’s cloud based offering helps companies in integrating both social media, survey, feedback and other data into their operational decision making resulting in better operations, quality service and customer engagement. Executives from the operations, marketing and advertising departments use this company’s solutions for listening to, understanding and taking action on the constantly changing customer sentiment across the traditional and social media for increasing and sustaining customer loyalty, market share and profits.
How much Binary Foundation was funded?
Binary Foundation raised $16 million in Series A round of financing from HLM Venture Partners (HLM) led the round with existing investors, Pioneer Venture Partners and Providence Health & Services participating in the financing round.
Previous funding
- $5.7M in Seed round on January 22, 2014 from the investors Pioneer Ventures Associates
- $16M in Series A on September 28, 2015 from the investors: Pioneer Venture Partners, Providence Health & Services and HLM Venture Partners
What is next for Binary Fountain?
Binary Fountain will use the additional funding for quickly expanding its team and further developing powerful feature sets. It is already deployed across some of the leading health systems and hospitals and is continuing to build what it believes to be the largest scalable repository of opinion content in health care. The company has already achieved national scale and reputation, with the best partnerships and good results, it is set for great growth in the coming months.
More about Binary Fountain
Binary Fountain was founded in 2004 by Jitendra Vyas and Ravi Gopalan. It has its headquarters in Mclean, VA. This company is an indispensible tool for the hospitals and health systems to improve their customer service experience.
