Apollo Care, a Chicago, IL-based provider of patient access and analytics solutions, received a growth equity investment from Flexpoint Ford.
The amount of the deal was not disclosed. Under the terms of the investment, Flexpoint Ford will take a minority ownership stake in Apollo Care, and Jonathan Oka and Elliot Lauzen will join the company’s Board of Directors. The investment was made through Flexpoint Fund V.
Led by CEO and President Ben Bove, Apollo Care develops and deploys patient access and analytics solutions through purpose-built technology to help pharmaceutical brands address commercial challenges. They provide patient copay, hub solutions, data warehousing, and commercial analytics platforms.
The company intends to use the funds to expand its innovation pipeline, enhance existing technology, and scale operations.
