Jump Technologies secures $2 million in funding

Jump Technologies, a leading hospital supply chain solutions provider, announced today it has closed a $2 million follow-on investment round.

This latest round of investment into Jump Technologies was led by Black Granite Capital and includes new strategic investor Mount Sinai Ventures and reinvestment by two large investors.

Headquartered in Eagan, MN, Jump Technologies delivers a cloud-based hospital supply chain software solution called JumpStock, which integrates with any ERP system to help hospitals save money and improve clinical outcomes by providing actionable analytics that drive a new level of standardization of clinical and operational best practices.

JumpStock integrates seamlessly into clinical workflows and delivers reports that help clinicians and supply chain professionals make informed decisions about supply utilization throughout their facilities – including high-cost areas like operating and procedure rooms.

With JumpStock, hospitals can more easily standardize utilization of supplies, which allows them to save money and reallocate funds to clinical resources and technology that improve patient care and generate new revenue. JumpStock also ensures that clinicians have the right supplies when and where they are needed so as not to slow down surgeries and other clinical therapies

The startup will use the new funding to expand the company’s national sales efforts and support broader product development.

Jump Technologies, a hospital supply chain solutions provider startup, has secured a $2m follow-on Series B funding to expand its national sales and product development efforts. The round was led by Black Granite Capital with participation from Mount Sinai Ventures and two large investors. The company intends to use the funds to expand its national sales and product development efforts. The latest funding brings the total amount raised in the round to $5.5 million. Led by John Freund, CEO, Jump Technologies delivers a cloud-based hospital supply chain software solution called JumpStock, which integrates with any ERP system to allow hospitals to save money and improve clinical outcomes. JumpStock integrates into clinical workflows and delivers reports that allow clinicians and supply chain professionals make informed decisions about supply utilization throughout their facilities – including high-cost areas like operating and procedure rooms.

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