BIRMINGHAM, Ala., November 12, 2020 – New Capital Partners (NCP) and OSF Ventures (OSF), part of the OSF Health System, announce today that they have invested in DotCom Therapy, Inc (DotCom Therapy), a leading virtual behavioral health solution serving children and adults across the United States.
Founded in 2015 by Rachel Robinson, and based in Madison, Wisconsin, Dotcom Therapy leverages a best in class network of therapists and a proprietary platform to deliver speech therapy, mental health counseling, occupational therapy, and therapy for Autism Spectrum Disorder (ASD) to schools and homes across America.
NCP is a healthcare-focused investment firm led by former founders and operators of healthcare companies. NCP has extensive entrepreneurial and operational experience in the telehealth and virtual medicine sectors, with over a decade of investment history.
OSF specializes in venture optimization, partnering financially and operationally in companies that improve patient outcomes and reduce costs to healthcare systems.
Rachel Robinson, DotCom Therapy Founder and President, said, “When bringing on partners, we wanted to find a team whose value exceeded beyond the financial investment. Our company values a positive work culture, good people, and strong relationships. New Capital Partners and OSF checked all those boxes. These relationships will enable us to scale our practices to ensure quality therapy is accessible to everyone, everywhere. NCP’s experience and knowledge in the telehealth space will add unparalleled value to our team as we continue to grow.”
“We are pleased to partner with Rachel Robinson and Darcey Nett, CEO, to realize the vision they have established for DotCom Therapy,” said James Outland, Managing Partner at NCP. “DotCom Therapy meets a critical need in the market – delivering teletherapy to schools as a viable solution for filling vacancies with qualified, experienced professionals. With what the team has established in its short history, NCP and OSF look forward to building on the momentum surrounding innovation in service delivery through DotCom Therapy.”
“As a health system, OSF has seen the increasing demand for behavioral health services, including the need for more support for children on the autism spectrum,” said Stan Lynall, Vice President of OSF Venture Investments. “We are excited to join New Capital Partners in the latest investment round in DotCom Therapy,” Lynall added. “We’re also looking forward to the launch of a pilot program that will leverage DotCom Therapy to improve early identification of children with autism and offer early intervention services that impact a child’s ability to learn new skills.”
“Working with New Capital Partners and OSF allows us to leverage our expertise in the education market to expand into the healthcare space,” said Darcey Nett, DotCom Therapy CEO. “NCP has a proven track record of aiding telehealth companies to scale quickly. Strategic and impactful growth models, backed by their business and industry knowledge, will augment DotCom Therapy’s ability to elevate the human experience through our innovative technologies. We look forward to working with them and the team at OSF to accelerate growth in response to the spike in demand for DotCom Therapy’s comprehensive teletherapy solutions.”
About New Capital Partners
New Capital Partners (NCP) is a private equity firm comprised of former operators headquartered in Birmingham, Ala. NCP makes investments in niche, tech-enabled services companies in the healthcare, financial and business services industries. Leveraging its extensive operational experience, NCP helps create significant value in portfolio companies by cultivating true partnerships with management teams and focusing on one core goal: Building Great Companies.
For more information, visit: https://newcapitalpartners.com/
About DotCom Therapy
DotCom Therapy specializes in providing speech therapy, occupational therapy, and mental health services via computer, tablet, or smartphone. They hand-match students, patients, and clients with therapists who provide the highest quality therapy in a live, online, face-to-face setting. DotCom Therapy offers speech, occupational and mental health therapy, educational audiology, case management, and literacy services.
For more information, visit: https://www.dotcomtherapy.com/
About OSF Ventures
OSF Ventures invests financially and operationally in opportunities that will improve patient outcomes, enhance patient experience, and reduce the cost of healthcare. OSF believes in not only investing financially, but also strategically through comprehensive collaboration. OSF Ventures is a division of OSF HealthCare.
For more information, visit: www.osfventures.org
About OSF HealthCare
OSF HealthCare is an integrated health system owned and operated by The Sisters of the Third Order of St. Francis, Peoria, Illinois. OSF HealthCare employs more than 23,600 Mission Partners in 147 locations, including 14 hospitals: 10 acute care; four critical access, with 2,097 licensed beds; and two colleges of nursing throughout Illinois and Michigan. The OSF HealthCare physician network employs more than 1,500 primary care, specialists, and advanced practice providers, who are part of the OSF Medical Group. OSF HealthCare, through OSF Home Care Services, operates an extensive network of home health and hospice services.
For more information, visit: www.osfhealthcare.org