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Startups to Watch

 

ACCEPTx  
Added 4/04/2008
Acceptx Founder(s): Dr. Jed Feller, DDM
Founded: 2005
Industry:Software - Financial
City:Bountiful
   
Company Description:

Acceptx Financial Solutions, Inc. delivers software to automate and improve the patient point of purchase for orthodontists and others practicing elective medicine.

Background:

Dr. Feller founded the company to help his staff find a better way to present fees to potential patients.  What started as a complex Excel Spreadsheet has grown to become a robust web application.

Traction: The company has more than 50 offices installed and using the software.  Clients used the software to present more than $70 million in fees through December 2007.
Employees: 6
Awards/Competitions Won: N/A
Business Model: SAAS
Revenue: $100K
Projected Revenue (2008): $750K
Major Customers: Utah customers include Dr. Jack Feller and Dr. Tim Belnap.  With dozens more around the country.
Recent Buzz:

They have attracted some of the industry’s top sales executives including Brent Coles (arguably the most experience orthodontist industry sales executive in Utah) as Vice President of Sales.

Investment Needs: Currently gathering $500K in Angel investment.
Who Has Invested & How Much? Angel Investor Alan Hall has invested $100K in a pre-Series A round.
Address: ACCEPTx
501 West 2600 South, suite 200
Bountiful, Utah 84010
   
   

 

 

 

 


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