CARAGON SECURES ANOTHER ROUND OF FUNDING TO FUEL THE NEXT PHASE OF GROWTH

CARAGON, the Limerick based data solutions company has secured another round of funding, allowing them to move into the next growth phase. Established in 2015 and named as one of Enterprise Ireland’s High Potential Startups, CARAGON received seed funding from Enterprise Ireland and the Angel Investment Fund in conjunction with Growing Capital in 2016. This second round of funding involves private investment from Gianni Matera of Growing Capital and Sean Reilly, who has years of experience in pharmacy IT and data management.

Commenting on this next round of funding Gianni noted “Tony & Garron have done great work in the last 2 years and I’m happy for them to return for an increment, to get them to the next level, as is often the case with startups. CARAGON is one of a small number of Irish tech startups I invested in and they are in good company with the likes of Glofox, Popertee and Tenderscout”.

Their Data Management Platform;  CARAGON FLEX is transforming primary care operations in Ireland and the UK. The platform is a cloud based environment to connect all data sources, build powerful applications (allowing for things like automation of manual processes and creation of 2-way communication with stores) and measure it all, with custom dashboards & reports.

On his recent investment Sean Reilly commented “I have known the guys for a number of years and when I saw the difference they were making for customers in pharmacy and dental, I knew I had to be a part of it”.

The company are working on increasing their market share in the Irish and UK primary care market and this additional funding will allow them to increase the workforce from 7 to 11 in the next few months so they can further innovate the solution and look to new markets.

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