The CORE Institute secures $2.20M in financing

Mackenzie Garrity -   Print  |

Phoenix-based The Center for Orthopedic & Research Excellence, also known as The CORE Institute, received $2.20 million in equity financing, according to The Press Telegraph.

Securing 100 percent of the financing round, The CORE Institute filed Form D on Dec. 12. The reason for the financing was unspecific.

 

Healthcare organizations similar to the Center for Orthopedic & Research Excellence typically sell 68 percent of the total offering amount, totaling on average $1.16 million. This recent financing is 89 percent greater than comparable organizations.

 

The Form D was filed by Simon William. It is expected this financing could attract future investors and increase patient satisfaction.

 

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