Charlotte-based Novarus Healthcare just announced that it has received a $750,000 investment from Dioko Investments.
It’s the latest success story for a local tech startup. The money will help the company work on its technology and bring on more clients, Novarus said. They’re going to hire outside sales associates, account managers, and technical workers over the next few months.
Novarus is led by Tom Hearn, a three-decade veteran of the healthcare industry who was a senior executive of Novant and of MedCath (he helped lead that company from $30 million to $1 billion in revenue).
Novarus creates apps for hospitals to use to manage employee benefits.
Two main products. One is an app for employees to download on their phones to help them navigate benefits. The other helps employers manage benefits invoices.
Current clients include Hugh Chatham Memorial Hospital, PMG Research, Videre Diagnostics and Wake Forest Baptist Health.