Clayton Associates, LLC is a venture capital firm established in 1996 and headquartered in Brentwood, Tennessee, with additional offices in Nashville and Houston. Specializing in seed, early stage, mid venture, growth equity, and growth capital investments, the firm primarily focuses on healthcare and technology sectors, including healthcare technology, digital media, and information technology. Clayton Associates typically invests between $0.5 million and $6 million in companies with enterprise values ranging from $3 million to $15 million and revenues between $0.1 million and $2 million. The firm seeks minority stakes of 20% to 40% in its portfolio companies and engages in angel investments as well. With a history of supporting over 100 companies, Clayton Associates aims to collaborate with entrepreneurs to foster growth and innovation within their businesses.
LogoGarden is an online logo design platform based in Nashville, Tennessee, that allows entrepreneurs and startups to create customized, professional-looking logos quickly and for free, without requiring any graphic design experience. With more than 2 million logos produced, it serves as a popular choice for small business branding needs. In addition to logo design, LogoGarden offers essential branding services, including website creation, business cards, and mobile websites, catering specifically to early-stage businesses. The platform has also attracted partnerships with larger companies aiming to reach the multibillion-dollar small business market.
JourneyPure
Debt Financing in 2015
JourneyPure LLC is a company that specializes in the development and operation of addiction treatment centers, providing rehabilitation services for individuals with co-occurring mental health and substance use disorders. Founded in 2014 and headquartered in Brentwood, Tennessee, JourneyPure operates outpatient centers in Tennessee, Kentucky, and Florida. The organization partners with established operators in the addiction treatment sector, emphasizing high standards and ethical practices to attract skilled behavioral health professionals from across the nation. JourneyPure is committed to delivering evidence-based, dual-diagnosis addiction treatment that is covered by insurance, ensuring access to compassionate care for patients seeking recovery.
JourneyPure
Series A in 2014
JourneyPure LLC is a company that specializes in the development and operation of addiction treatment centers, providing rehabilitation services for individuals with co-occurring mental health and substance use disorders. Founded in 2014 and headquartered in Brentwood, Tennessee, JourneyPure operates outpatient centers in Tennessee, Kentucky, and Florida. The organization partners with established operators in the addiction treatment sector, emphasizing high standards and ethical practices to attract skilled behavioral health professionals from across the nation. JourneyPure is committed to delivering evidence-based, dual-diagnosis addiction treatment that is covered by insurance, ensuring access to compassionate care for patients seeking recovery.
NuScriptRx
Series D in 2014
Based in Nashville, Tenn., NuScriptRX is an institutional pharmacy that serves the pharmaceutical needs of long-term care facilities and their patients. The company was developed by long-term care professionals who have more than 100 years of experience in SNFs, ALFs and RCs.
Aspire Health
Series B in 2014
Aspire Health is a new healthcare company that specializes in providing an extra layer of support to patients facing a serious illness. The company's clinicians are experts in providing patients with relief from the symptoms, pain, and stress of a serious illness, helping patients and caregivers navigate the healthcare system; guiding patients and caregivers through difficult and complex treatment choices, and providing emotional and spiritual support to patients and their families. The company's practice in each market provides disease management and care coordination across many settings including outpatient clinics, patients’ homes, and assisted living centers. It was established in 2012 and is based in Nashville, Tennessee, United States.
Entrada
Venture Round in 2012
Entrada, Inc. develops software for the automation of clinical documentation and data exchange in ambulatory clinics, surgery centres, and hospitals. Entrada, Inc. was formerly known as VocalEZ, Inc. and changed its name to Entrada, Inc. in January 2010. The company was founded in 2005 and is based in Brentwood, Tennessee.
Medical Reimbursements of America
Private Equity Round in 2012
Medical Reimbursements of America, Inc. (MRA) specializes in providing reimbursement solutions for hospitals and health systems across the United States. Established in 1999 and headquartered in Franklin, Tennessee, the company focuses on identifying and recovering additional revenue through detailed research of accidents and the identification of responsible parties for medical bill payments. MRA collects payments from various sources, including property and casualty, liability, and workers' compensation carriers, as well as health insurance plans. The company offers specialized services such as an Accident Claims Management Solution, which seeks alternative payment sources for accident-related hospital bills, and a Payment Integrity Solution that identifies underpayments from government and managed care payers. MRA has established itself as an industry leader by managing complex and labor-intensive reimbursement processes for its clients.
NuScriptRx
Venture Round in 2012
Based in Nashville, Tenn., NuScriptRX is an institutional pharmacy that serves the pharmaceutical needs of long-term care facilities and their patients. The company was developed by long-term care professionals who have more than 100 years of experience in SNFs, ALFs and RCs.
NuScriptRx
Series C in 2012
Based in Nashville, Tenn., NuScriptRX is an institutional pharmacy that serves the pharmaceutical needs of long-term care facilities and their patients. The company was developed by long-term care professionals who have more than 100 years of experience in SNFs, ALFs and RCs.
Inova Payroll
Series B in 2012
Inova Payroll, Inc. is a payroll service provider based in Nashville, Tennessee, specializing in payroll, human resources, tax filing, and related services for small to medium-sized businesses across the United States. Established in 2010, the company offers a comprehensive range of services, including 401(k) plans, Section 125 benefits, health insurance, workers' compensation, and time and attendance tracking. Inova Payroll also provides tax filing and reporting services, covering federal, state, and local jurisdictions, along with detailed reporting and W-2/1099 preparation. The company enhances its offerings with online tools for employee tracking and real-time HR reporting, as well as HR on-demand services. With additional offices in Chattanooga, Knoxville, Pennsylvania, and Georgia, Inova Payroll aims to support businesses in managing their employee life cycle efficiently and effectively.
ProviderTrust
Series B in 2012
ProviderTrust, Inc. is a Nashville-based company that offers software-as-a-service solutions aimed at automating compliance processes for healthcare providers, organizations, and staffing agencies in the United States. Established in 2010, ProviderTrust specializes in healthcare compliance software that facilitates OIG exclusion list checks, healthcare license verification, and sanction screening across all states. Their platform includes features such as batch search for confirmed exclusions, notifications for expiring licenses, and monitoring for impaired licenses. Additionally, the company provides a vendor monitoring program, compliance program support, and educational resources like webinars and e-books. By streamlining the credentialing and information management processes, ProviderTrust helps healthcare entities effectively manage and maintain compliance, thereby enhancing operational efficiency within the healthcare ecosystem.
LogoGarden
Series A in 2011
LogoGarden is an online logo design platform based in Nashville, Tennessee, that allows entrepreneurs and startups to create customized, professional-looking logos quickly and for free, without requiring any graphic design experience. With more than 2 million logos produced, it serves as a popular choice for small business branding needs. In addition to logo design, LogoGarden offers essential branding services, including website creation, business cards, and mobile websites, catering specifically to early-stage businesses. The platform has also attracted partnerships with larger companies aiming to reach the multibillion-dollar small business market.
AdhereHealth
Venture Round in 2009
AdhereHealth, LLC specializes in medication therapy management (MTM) services aimed at improving patient outcomes and medication adherence. The company's offerings include customized MTM programs, a solution designed to enhance health plans' Medicare ratings, and an integrated care management platform that focuses on member engagement. Their medication-focused platform employs analytics to identify consumer populations, prioritize interventions, and address gaps in care. Additionally, AdhereHealth provides tools such as the DTP Medical Scoring Index for drug therapy problems, StarTracker for real-time outcome measurement, and a verification system to ensure claim accuracy. The company serves a diverse range of stakeholders, including patients, employers, health plans, physicians, and pharmacists. Founded in 2006 and headquartered in Brentwood, Tennessee, AdhereHealth also operates a pharmacy in Phoenix, Arizona.
NuScriptRx
Series B in 2009
Based in Nashville, Tenn., NuScriptRX is an institutional pharmacy that serves the pharmaceutical needs of long-term care facilities and their patients. The company was developed by long-term care professionals who have more than 100 years of experience in SNFs, ALFs and RCs.
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