Boston Financial & Equity recently closed a lease for $600,000 for a healthcare technology service company that provides a service that monitors patients that have been released from a point of care.

The company has raised $85 million in equity and recently closed a $20 million asset-based lending line. The company is not yet profitable and has a cash burn but is expecting to be cash flow positive by 2025. The equipment leased as part of the transaction with Boston Financial & Equity will be integral to the company’s operations and service to patients.