Expansion of the healthcare company will be supported through a
company-friendly revenue financing package
COLUMBIA, Md., April 16,
2024 /PRNewswire-PRWeb/ -- Nava Health, an innovative
group of holistic health and treatment centers focused on
integrative medicine, has landed a multi-million dollar investment
package from Decathlon Capital Partners. Details of the
revenue-based funding transaction were not disclosed.
Nava Health, headquartered in Columbia, Maryland, will use the funding to
open new Nava Centers across the country to meet customer demand.
Since its inception in 2014, Nava Health has opened five centers
and also offers telemedicine services. Nava Health brings
customized treatment protocols to those living with chronic
conditions through its Nava Care Experience. The company has plans
to open seven more centers in the near future.
Bernie Dancel, Chief Executive
Officer of Nava Health, said that combining integrative,
preventative, functional, and regenerative care into one treatment
plan is what sets Nava Health apart from other healthcare
providers. "When my wife Connie was ill, it was integrative
medicine that focused on holistic solutions to disease rather than
simply treating the symptoms that finally helped her feel better,"
Dancel said. "We aim to give this same level of care to all our
patients with our staff of top doctors, nurse practitioners,
registered nurses, massage therapists, acupuncturists, licensed
nutritionists, medical technicians, and life coaches."
Nava Health will repay its investment from Decathlon Capital
Partners through its future revenues, thanks to the dilution-free,
company-friendly funding package.
Kevin Grossman, Vice President of
Decathlon Capital Partners, said that Nava Health is helping to
bring integrative medicine into the mainstream. "Since 60 percent
of Americans have at least one chronic disease, the need for
centers like Nava Health that focus on treating the disease and not
just the symptoms is clear," Grossman said. "We at Decathlon are
excited to watch the continued expansion and impact of the Nava
Centers."
About Nava Health
Nava Health is a vertically integrated, tech-enabled healthcare
practice that combines integrative, functional, preventive, and
regenerative medicine. The innovative medical practice uses a
data-driven, personalized approach to optimize health and increase
longevity. Nava Health provides each client with an individualized
wellness roadmap tailored to their specific symptoms, medical
needs, and personal goals. All client wellness roadmaps result from
a proprietary diagnostic process, the "Nava Method™," which
utilizes data and specially designed software to create optimal
personalized client outcomes. To learn more visit
navacenter.com.
About Decathlon Capital Partners
Decathlon Capital Partners provides growth capital for companies
seeking alternatives to traditional equity investment. Through the
use of highly customized revenue-based financing solutions,
Decathlon provides long-term growth capital without the dilution,
loss of control and operational overhead that often comes with
equity-based funding. With offices in Palo Alto and Park City,
Decathlon is the largest revenue-based funding investor in the U.S.
and is active across a wide range of sectors. Learn more at
http://www.decathloncapital.com.
Media Contact
Nava Health Investor Relations, Nava Health, 866-853-7306,
info@navacenter.com, https://navacenter.com/
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SOURCE Nava Health