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Divvy 110m seriesann azevedotechcrunch12/9/2023 ![]() ![]() That idea ended up being the genesis of what is today Intus Care, a healthcare analytics startup that aims to synthesize financial, clinical and administrative data to identify trends in long-term care facilities by integrating with electronic health record, claims and accounting software to highlight clinical risks in elderly patients. The three of us basically submitted the same idea.” Recalls Rothberg: “We had to apply to the class with an idea. Jackson had been introduced to the senior care space when in high school as he worked alongside a mentor in private equity who invested in and acquired elderly care facilities. He and Evan Jackson, who partnered together on a project, pitched a similar idea to Alex Rothberg - separately - to their teacher. Serendipitously, while studying at Brown, he realized he wasn’t alone in his desire to help this population. As a student at Brown University, he became interested in how Medicare and Medicaid integrate to take care of these patient populations - so much so that he even left school for a while to work full time across the long-term care continuum and learn as much as he could about “very integrated high-touch models of care for seniors.” Seeing low-income, elderly and disabled patients so vulnerable stuck with Felton. “Nowports has created industry-leading technology to help its customers know when to turn starboard or port side,” he added.Ĭhris Gottschalk, senior adviser of Mouro Capital, said the Nowports platform brings both “transparency and technology” to a global client base.As a young boy growing up in Michigan, Robbie Felton went on home visits with his geriatric social worker mother. The need to track and digitize the supply chain process was never more apparent than with the recent blockage of the Suez Canal by the Ever Given, which became a meme that represented the impacts of inefficiencies in the supply chain, Sidgmore said. Michael Sidgmore, co-founder and partner of seed round lead investor Broadhaven Ventures, described the team as “visionaries in the freight forwarding industry who see the ability to build the operating system for the shipping industry, much like Carta has done for equity ownership.” To familiarize himself with the market for which he’d be developing a technology, Casal worked with a freight forwarder in Kansas City that had been operating for more than 30 years. ![]() He and Casal linked up and the two began plotting a way to make the deeply inefficient industry more modern and transparent. The two co-founders of Nowports met at a program at Stanford University, with de los Rios hailing from a family with deep ties to the shipping industry. “Customers are looking for solutions that can improve their logistics processes adapted to current challenges of international trade.” “Slow, inefficient and manual processes in international logistics are disassociated from today’s technological world,” said Nowports co-founder and COO Maximiliano Casal. And, Nowports pledges to shippers that its digital management software will keep track of each container. And, an estimated 50% of shipping containers suffer delays due to disorganized processes or errors during transport, which ends up costing companies billions per year. Tens of millions of containers are imported and exported from Latin America each year, and nearly half of them are either delayed or lost due to mismanagement. “Our goal with the series A is to position ourselves as the biggest digital freight forwarder in the region and expand our venture financing solution.” “With platforms, algorithms with AI and integrations, our platform allows companies to take control of their shipments and plan and predict the best timing to move the freight based on the needs of their own company,” he said at the time of the company’s seed raise. ![]() Image Credits: CEO and co-founder Alfonso de los Rios / Nowports ![]()
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