SaaS based IT solutions for home health.
Sandata was founded in 1978 by Bert Brodsky and had raised no prior institutional capital when Stripes Group met Bert in 2010. After several meetings with the management team, Stripes Group was chosen as the preferred partner to help the Company achieve an ambitious growth plan. At its core, Sandata’s technology improves the delivery of care in the home and helps remove fraud and inefficiencies within the industry. With a daily reach into over 200,000 homes, Sandata’s platform is the leader in a large, underpenetrated market.
Stripes Group discovered Sandata through its thematic sourcing strategy focused on healthcare IT businesses. Since our investment, Sandata has invested heavily into technology and launched a new software platform. They have demonstrated excellent progress with large contract wins – in 2013, Sandata signed the largest contract in Company history with the state of Illinois. Stripes continues to assist Sandata with recruiting, M&A and new business development.