HCAP Partners has announced it has invested in Myndshft.
Myndshft, based in Mesa, Ariz., is a provider of medical benefits check and electronic prior authorization software solutions. Founded in 2018, the company works with providers, payers and health information exchanges.
HCAP Partners, based in San Diego, is a private equity firm that provides growth capital to lower middle market companies throughout California and the Western United States. Founded in 2000, the firm seeks to invest $2 million to $15 million in businesses generating between $10 million and $100 million in revenues in healthcare and a few other industries.
Terms of the investment were not disclosed.