QGenda, LLC (QGenda), the leading provider of SaaS-based workforce management software to the healthcare industry, announced a significant new equity investment from ICONIQ Capital, a privately-held investment firm. With the investment, ICONIQ Capital will partner with Francisco Partners, who will retain a majority stake. Terms of the transaction were not disclosed.
HR Technology News: RizePoint User, Regency, Experiences Huge Benefits from RizePoint Solutions: Tools Elevate Protocols, Demonstrate Safety Compliance, Help Employees & Customers Feel Safe in New Post-COVID World
“We have long admired QGenda’s achievements and believe that the company can truly build on its leadership in the healthcare workforce management category, becoming a generational player not only in scheduling but in healthcare tech more broadly”
QGenda is a leading innovator of healthcare provider scheduling, clinical capacity management, and labor analytics. The company’s deep specialty experience, critical products, and exemplary customer focus have driven broad adoption by over 3,000 customers across more than 30 medical specialties.
“Throughout our partnership with Francisco Partners, QGenda has successfully accelerated growth, continued product innovation, and strengthened relationships with our healthcare customers,” said Greg Benoit, CEO of QGenda. “We are excited to welcome ICONIQ Capital, a firm with deep software experience, as we continue to expand our footprint and growth strategy. With the support of these two investment firms, we will continue to focus on delivering pioneering products and unparalleled service to our customers.”
“We have long admired QGenda’s achievements and believe that the company can truly build on its leadership in the healthcare workforce management category, becoming a generational player not only in scheduling but in healthcare tech more broadly,” said Will Griffith, partner at ICONIQ Capital. “I’m looking forward to joining the board and working with Greg, the QGenda team, and Francisco Partners to help extend the company’s tremendous success.”