Founders choose to partner with Elsewhere for our grounded and effective approach to business expansion. They recognize the value in our capability to bolster their companies not only with essential transitional funding but also with profound, transformative expertise. This combination is what we call the Elsewhere Effect, and it’s reflected in the experiences of our valued partners.
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“Strategic scaling was crucial for us to keep pace with our expanding customer base. After thoroughly assessing various investment options, Elsewhere Partners stood out due to our aligned vision. This funding empowers us to significantly invest in both our product development and our team, driving further growth,” shared Chris Padfield, Founder of Deskpro, highlighting the crucial aspect of shared vision and strategic scaling that Elsewhere Partners brings to the table.
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Evan Steele, Founder and CEO of Rater8, emphasized the need for more than just capital, stating, “To effectively serve our existing clients and capture increasing market demand, we sought an investment partner who not only shared our vision but could also provide guidance through our next growth phase. Elsewhere Partners delivers both the necessary capital and a rich network of advisors, essential for our rapid and well-managed scaling within the healthcare sector.” This underscores the importance of a supportive ecosystem and expert guidance in navigating rapid growth, a key component of the Elsewhere Effect.
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Rita Selvaggi, former CEO of ActivTrak and current Elsewhere Operating Partner, offers a unique perspective from both sides of the partnership: “My role as an operating advisor with Elsewhere has provided me with invaluable insights into diverse opportunities across the software industry. This partnership has been instrumental in my personal and professional development. It’s been an exceptionally rewarding collaboration.” Rita’s experience showcases the personal and professional growth facilitated by Elsewhere’s operating advisor model, a testament to the partnership’s depth.
Ian Bresnahan, President and CEO of Itential, expressed enthusiasm about the expertise Elsewhere Partners brings: “We are excited that Elsewhere Partners resonates with our vision and are incredibly eager to collaborate with their Operating Advisors. The breadth of talent and wisdom they offer is truly impressive and will be indispensable as we move into our next stage of development.” This quote highlights the value of the collective expertise and strategic insight that Elsewhere Partners provides, crucial for companies aiming for significant advancements.
Michele Perry, former CEO of Relatient and current Elsewhere Operating Partner, reflects on the tailored approach of Elsewhere Partners: “Elsewhere provided the ideal capital for a company of our size and stage. They understand the nuances of a growing business and avoid imposing demands that are more suited for later-stage growth equity. My positive experience led me to join BurstIQ’s board after their exit from Relatient.” Michele’s testimonial emphasizes the right-sized capital and stage-appropriate support that defines Elsewhere’s partner-centric approach.
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Alfredo Ramirez, Co-founder & CEO of Vyopta, appreciates the realistic and pragmatic approach of Elsewhere Partners: “Elsewhere Partners understands the fundamental dynamics of business and operates within those realities, rather than trying to force unnatural growth. They recognize the critical role of timing and sequencing in scaling, which allows them to be practical and intelligent in pursuing growth strategies that align with our company’s current state and market position. This pragmatic approach saves considerable time and resources, leading to better outcomes for everyone involved.” Alfredo’s quote emphasizes the pragmatic and realistic strategies employed by Elsewhere, focusing on sustainable and well-timed growth.
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Frank Ricotta, CEO of BurstIQ, concludes by reinforcing the shared vision and global ambition: “Elsewhere Partners shares our vision of creating a people-focused future for healthcare, and we are proud to have them as our investment partner. Their partnership will enable us to achieve exponential growth, both domestically and internationally.” Frank’s statement brings together the themes of shared vision and global scaling, summarizing the comprehensive support offered by Elsewhere Partners.
In conclusion, the “Elsewhere Effect” is not just a tagline; it’s a tangible outcome of a partnership approach that combines strategic capital with deep operational expertise, fostering sustainable growth and shared success. Founders choose Elsewhere Partners because they seek a partner who truly understands the journey of scaling a SaaS business and provides the right resources at the right time.
