Beedie Capital Partners is investing $3.5 million in Nightingale Informatix Corporation.
The Markham-based provider of cloud-based electronic health record software will be used for general working capital and the launch of Nexia, the company's next-gen product.
"We are very pleased with Beedie Capital's decision to invest in Nightingale," said Sam Chebib, CEO of Nightingale. "This investment will allow the Company to focus its efforts on launching its next generation platform ... to drive SaaS revenues in a meaningful way."
For more than a decade, the publicly traded Nightingale has been delivering cloud-based EHR solutions to healthcare organizations across Canada.
"Our goal is to uncomplicate the day-to-day challenges of healthcare providers," the company explains. "We achieve this by creating software that is truly intuitive—minimizing training and maximizing adoption. We believe so strongly in building easy-to-use software that we structured our entire product team around user-centric design."