Investment Led By Mianach Venture Capital and Supported by
Enterprise Ireland Enables Further International Expansion of RevaHealth.com’s
Health Clinic Search Engine.
Dublin, Ireland January 12th 2009: RevaHealth.com has received a €1.25 million investment, led by Mianach Venture Capital and supported by Enterprise Ireland. The company welcomes this additional investment from Mianach Venture Capital, a supporter of RevaHealth.com since its founding in 2006. Enterprise Ireland is investing in RevaHealth.com as a “High Performance Start Up” company for 2008, in recognition of its rapid growth rate and the proven success of its business model.
RevaHealth.com will use the €1.25 million to continue the expansion of its health clinic search engine. Having originally focused on niche healthcare markets, RevaHealth.com is now expanding into wider local and national healthcare markets and plans to move into the Far Eastern and American markets later in 2009. “More consumers are going online to research their healthcare options. RevaHealth.com provides a valuable service that gives consumers
an easy way to find and compare health clinics worldwide,” said Caelen King, founder and CEO of RevaHealth.com. “We now intend to take our proven business model to a wider market.”
Hugh O’Neill of Mianach Venture Capital said, “Consumers are beginning to take responsibility for their healthcare
decisions and are turning to the internet in order to arm themselves with the information they need. There are over 1.5 million healthcare clinics in the Western world with a turnover of $500 billion in real and absolute terms. It is
clear to us the potential of this market and that RevaHealth.com is well-positioned to further strength its position. Mianach Venture Capital is excited by the future prospects of the company.”
About RevaHealth.com
RevaHealth.com
is a search engine that helps users find and compare health clinics worldwide. Founded in 2006, it currently stores information on over 60,000 clinics in the UK, Ireland and 50 other countries worldwide. RevaHealth.com helps people take control of their healthcare choices and find the most suitable clinic and treatment for their needs. RevaHealth is the registered business name of Global Medical Treatment Ltd.
About Mianach Venture Capital
Mianach is one of Ireland’s leading early stage, technology focused venture capital companies. Mianach aims to provide superior returns to investors in its fund by investing in, and helping entrepreneurs to grow, world class companies. Mianach specializes in investing in seed, start-up and early stage Irish technology businesses on the leading edge of new developments.
About Enterprise Ireland
Enterprise Ireland is the government agency responsible for the development and promotion of the indigenous business sector. Enterprise Ireland’s mission is to accelerate the development of world-class Irish companies to achieve strong positions in global markets resulting in increased national and regional prosperity.
For more information please contact:
Aoife Murray at RevaHealth.com
+353 (1) 6520520
