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SCRA announces investment in Lexington County tech startup

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Virtue Technologies Inc., a Chapin-based tech startup, recently received a $250,000 investment from SC Launch Inc., the investment affiliate of the S.C. Research Authority.

Virtue Technologies is a cloud-based, mobile-friendly software provider focused on solving the logistical challenges of the durable medical equipment and pharmacy industries, according to a news release.

The company’s goal is to help reduce costs and improve the revenue cycle by improving staff efficiency, removing waste, increasing patient satisfaction and increasing visibility for provider operations, according to company officials.

“In an environment of shrinking reimbursements, growing audit risks and persistent demand for information, our technology streamlines and removes friction in provider operations and patient experience,” said Gibran Ameer, CEO for Virtue Technologies.

Virtue Technologies recently presented its programs at the National Association of Health-System Pharmacists Clinical Meeting and Exhibition in Las Vegas.

“Growing companies that are using technology to streamline tedious processes is one of our core goals,” said Bob Quinn, executive director of SCRA. “When technology can simultaneously improve patient care, it’s an even more beneficial endeavor. We’re proud to support Virtue Technologies and look forward to their continued growth.”

Reach Christina Lee Knauss at 803-753-4327.

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