Bedford Funding

Interests

Healthcare -- $1 billion committed capital

February 2021 - Announcement of Sale of MDLIVE to Evernorth/Cigna:

April 2019 - Sale of Voalte to Hill-Rom

People Management -- $400 million committed capital

May 2018 - Exited the space with sale of PeopleFluent to LTG plc

Cigna and Evernorth Executives Discuss MDLIVE Acquisition:

Innovative Technologies Funded by Bedford Funding:

KZO Innovations Video Platform, with synchronous video, presentations and chat

Productivity Platform, Powered by Socialtext

Voalte application on smartphones in a hospital

MDLIVE application provides video, voice or text telemedicine services

Voalte Story combined elements of the Voalte Platform and Socialtext technology

KZO Innovations Video platform guided Audi mechanics on repairs

Team

Bedford Funding was founded in 2006 with the launch of its initial fund – Bedford Funding I with $400 million in committed capital focused on Human Capital Management (HCM) software. In December 2011, Bedford Funding raised its second fund – Bedford Funding II with $1 billion in committed capital focused on Healthcare IT. The Bedford Funding principals all worked together while at Geac, a highly successful enterprise software company, which delivered an extraordinary 889% return to investors over a five-year period, and have all continued working together at Bedford for twelve years as a cohesive team since the firm was founded in 2006.

Management Team				Operating Partners
Charles Snowden Jones, Managing Partner and Founder	Jonathan D. Salon, Managing Director and General Counsel	George M. Regnery, Principal	Larry Kaplan, Managing Director and Chief Financial Officer	Michelle Teichman, Principal	Doug Ring, Principal

BEDFORD FUNDS ARE CLOSED AND NO SUBSCRIPTIONS FOR INTERESTS IN ANY FUND MANAGED BY BEDFORD IS OR WILL BE ACCEPTED. BEDFORD FUNDING DOES NOT INTEND TO RAISE ANY FURTHER FUNDS.