Healthcare & Life Sciences Private Equity Deal Tracker: NRD Capital Invests in FundRX

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NRD Capital Management has announced a growth capital investment in FundRx.

The investment was made through NRD’s affiliate NRD Healthcare Solutions.

NRD Capital Management, based in Atlanta, invests in small- to medium-sized franchisors. The firm seeks to make equity investments from $3 million up to $25 million.

FundRx, based in New York, is a venture capital platform that builds and invests in healthcare and life sciences startups. It has a portfolio of 15 companies.

Terms of the transaction were not disclosed.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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