Live Oak Ventures Participates in Financing of Sunbound, Inc.
Live Oak Ventures Participates in Financing of Sunbound, Inc.
WILMINGTON, N.C., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Live Oak Ventures, the investment arm of Live Oak Bancshares, Inc., has announced an investment in Sunbound Inc., a provider of automated financial operations solutions for the senior housing industry.
北卡罗来纳州威明顿,2024年12月4日(全球新闻网络)-- live oak bancshares, Inc. 的投资部门Live Oak Ventures宣布对Sunbound Inc.进行投资,Sunbound Inc.是一家为老年住房行业提供自动化财务运营解决方案的公司。
Sunbound leverages best in class technology to optimize financial operations, so senior housing communities can concentrate on delivering exceptional residential care while improving their financial profile and operational efficiency.
Sunbound利用行业领先的科技优化财务运营,使老年住房社区能够专注于提供卓越的居住护理,同时改善其财务状况和运营效率。
"Our team understands the challenges of operating in the senior housing market. Sunbound is offering an important, next-generation financial operating system that helps businesses navigate those challenges," said Stephanie Mann, Live Oak Bank Chief Strategy Officer. "We are excited to invest in a company that is helping to advance and simplify revenue generation for a vertical we have been serving for many years."
“我们的团队了解在老年住房市场运营的挑战。Sunbound提供了一个重要的下一代财务操作系统,帮助企业应对这些挑战,”live oak银行首席策略官Stephanie Mann表示。 “我们很高兴能投资于一家帮助推动和简化某个我们服务多年的行业的营业收入生成的公司。”
The Sunbound platform is a comprehensive revenue solution that helps optimize insurance claims and private pay solutions. The platform allows for online digital payments, claims management, data insights and improved cash flow.
Sunbound平台是一个全面的营业收入解决方案,帮助优化保险索赔和私人支付解决方案。该平台允许进行在线数字支付、索赔管理、数据洞察和改善现金流。
"The Live Oak team brings a wealth of knowledge and experience, both in financial technology and the senior living industry," said Manny Cominsky, CEO of Sunbound. "We look forward to collaborating with their team to achieve our shared vision of solving operators' most pressing challenges, improving their financial performance and meeting the evolving needs of their residents."
“live oak团队带来了丰富的知识和经验,无论是在金融科技还是老年生活行业,”Sunbound首席执行官Manny Cominsky表示。 “我们期待与他们的团队合作,实现我们共同的愿景,解决运营商最迫切的挑战,改善他们的财务表现,满足居民不断变化的需求。”
About Live Oak Ventures
Live Oak Ventures, a wholly owned subsidiary of Live Oak Bancshares (NYSE: LOB), is a fintech-focused investor that aims to bring innovation and performance excellence to the forefront of the banking industry. By investing in companies that accelerate the delivery of open digital solutions to the market, Live Oak Ventures intends to change the landscape of financial services and small business banking.
关于live oak ventures
live oak ventures是live oak bancshares(纽交所:LOB)的全资子公司,专注于金融科技的投资者,旨在将创新和绩效卓越带到银行行业的前沿。通过投资那些加速向市场提供开放数字解决方案的公司,live oak ventures意图改变金融服务和小企业银行的格局。
About Sunbound
Sunbound is on a mission to enhance, streamline and ultimately transform the financial processes for both senior living operators and their families. Today, senior living operators receive over 50% of payments by check and manage their financial processes through a range of siloed financial, billing and clinical systems. The lack of consistency leads to operational inefficiencies, financial underperformance and cash flow issues. At the same time, families find the current payments experience confusing, cumbersome and stressful. Sunbound was created to solve this problem by building the first modern, user-friendly, end-to-end platform that saves operators and families time, money and effort.
关于Sunbound
Sunbound的使命是增强、简化并最终改变老年生活运营商及其家庭的财务流程。目前,老年生活运营商通过支票收到超过50%的付款,并通过一系列隔离的财务、账单和临床系统管理其财务流程。这种不一致性导致了运营效率低下、财务表现不佳和现金流问题。同时,家庭发现当前的支付体验令人困惑、繁琐且压力大。Sunbound的建立旨在通过构建第一个现代化、用户友好的端到端平台来解决这个问题,该平台为运营商和家庭节省时间、金钱和精力。
Contact:
Claire Parker
Live Oak Bank, Corporate Communications
910.597.1592
claire.parker@liveoak.bank
联系方式:
克莱尔·帕克
live oak银行,企业传播
910.597.1592
claire.parker@liveoak.bank