Charlesbank Technology Opportunities Fund Invests in Healthcare Fraud Shield
January 13, 2021
Healthcare Fraud Shield, a Chesterfield, Missouri–based provider of AI-driven fraud, waste and abuse detection software for health payers, received a growth investment of over $50 million from Charlesbank Technology Opportunities Fund (managed by Charlesbank Capital Partners). The funding will accelerate development of the company's proprietary analytics, AI products and customer deployments while Healthcare Fraud Shield remains led by its existing management team.
- Buyers
- Charlesbank Technology Opportunities Fund, Charlesbank Capital Partners
- Targets
- Healthcare Fraud Shield
- Industry
- Healthcare Services
- Location
- Missouri, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Charlesbank Technology Opportunities Fund II Makes Growth Investment in HBox
December 17, 2025
Healthcare Services
HBox, a virtual care platform for specialty practices, received a growth investment from Charlesbank’s Technology Opportunities Fund II to accelerate expansion of its virtual care capabilities and scale its remote monitoring and patient-engagement offerings. The transaction closed on December 17, 2025 and will support HBox’s efforts to broaden specialty coverage (cardiology, pulmonology, nephrology) and strengthen its position as a virtual clinic partner for independent specialty practices.
-
Charlesbank Invests $70M in Cyberbit Ltd.
May 19, 2020
Cybersecurity
Charlesbank Technology Opportunities Fund (managed by Charlesbank Capital Partners) invested $70 million in Cyberbit Ltd. in a combination of primary growth capital and a secondary purchase of shares from Elbit Systems Ltd.; existing investor Claridge Israel also participated. The funding will be used to accelerate development of Cyberbit's cyber range platform and expand global sales and marketing to meet rising demand for realistic cybersecurity training.
-
Charlesbank Capital Partners Makes Strategic Growth Investment in Searchlight Cyber
January 18, 2024
Cybersecurity
Charlesbank Capital Partners has made a strategic growth investment in Searchlight Cyber, a Portsmouth-based dark web intelligence and threat intelligence software company. The founders and existing investor Astra Capital Management remain invested; proceeds will be used to accelerate R&D, expand go-to-market capabilities and support organic growth and acquisitions. Financial terms were not disclosed.
-
Charlesbank Invests in Solve Advisors to Accelerate Product Innovation and Global Expansion
February 8, 2022
Data & Analytics
Charlesbank Capital Partners' Technology Opportunities Fund invested over $80 million in Solve Advisors to accelerate development of its SolveQuotes fixed-income data and analytics platform, support strategic acquisitions, and expand go-to-market operations globally. Credit Suisse Asset Management's NEXT Investors remains an existing investor and Oliver Wyman advised Charlesbank on the transaction.
-
Charlesbank Invests >$100M in DoiT International
November 4, 2019
Cloud & SaaS
Charlesbank Technology Opportunities Fund (managed by Charlesbank Capital Partners), together with affiliated investors, invested more than $100 million in DoiT International as a growth equity investment. The capital will be used to accelerate development of DoiT's multi-cloud optimization software platform, scale its global cloud architect team, expand presence in North America and Europe, and support strategic acquisitions.
-
Strattam Capital Invests in SciShield
April 12, 2023
Software
Strattam Capital has made an equity investment in SciShield to accelerate product innovation and expand the company’s product, engineering, and customer success teams. SciShield, a Boston-based provider of environmental, health & safety (EHS) and chemical-inventory software for scientific laboratories, will use the capital to scale its platform and support growing customer demand across biotech, academic research institutions, and large pharmaceutical customers.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.