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Rizk Ventures' Portfolio Companies, Rizk Ventures Healthcare Analytics and Classroom24-7, Set to Merge


July 19, 2017

Two men

Rizk Ventures (RV) is excited to announce the expected merger of two RV portfolio companies, Rizk Ventures Healthcare Analytics (RVHA) and Classroom24-7 (Classroom). RVHA will officially acquire Classroom and both companies will continue to operate under the RVHA name. RVHA will utilize Classroom's distance learning platform, content library, and technology to better train and educate hospital staff and healthcare providers, while continuing to cut client costs.

With these new capabilities, RVHA will be able to scale more rapidly and increase implementation efficiency, distributing training and services to more hospitals and system clients. This addition of software and content will also significantly increase client value per year. Classroom24-7 has worked with notable healthcare clients including Hospital for Special Surgery (HSS), the world leader in orthopedics and rheumatology. Classroom's Learning Management System, while applicable to multiple industries, was specifically designed with healthcare and medical training in mind. In addition to Classroom's suite of software and technology, RVHA will also gain access to its rich media production team, software development team, and other personnel who have all worked in healthcare in some capacity for the last decade.

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