Charlotte’s Novarus Healthcare gets $750,000 from early stage investment fund

Novarus Managing Principal Tom Hearn
Novarus Managing Principal Tom Hearn Courtesy of Novarus Healthcare

Charlotte-based Novarus Healthcare said this week it has received a $750,000 equity investment from Dioko Health Ventures, an early-stage investment fund focused on health care services and IT.

Novarus Healthcare, previously called Novarus Mobile Technologies before changing its name in early 2012, develops IT services to make health care, employee engagement and benefits delivery more efficient, the company said in a statement.

So far, Novarus has developed two technology services: Novarus EmployeeConnect, a mobile app that facilitates communication between employers and employees, and Novarus BERT, a solution for companies to manage benefits invoice reconciliation.

“This investment from Dioko will allow us to continue to refine our offerings and bring our solutions to more companies,” Novarus Managing Principal Tom Hearn said in the statement.

Matthew King, managing partner at Dioko Ventures, has joined Novarus’s board of directors, Novarus said.

Novarus has its offices on Elliot Street in Charlotte’s Third Ward. Dioko, launched in late January, has offices in the Wake Forest Innovation Quarter in Winston-Salem and in Edison Nation Medical in Charlotte.

Katherine Peralta: 704-358-5079, @katieperalta