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.

Targets
Healthcare Fraud Shield
Location
Missouri, United States
Transaction Type
Growth capital

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