Schedulist funded by New Orleans-based Abstraction Ventures

New Orleans-based, a developer of leading edge staff retention technology for healthcare facilities, closed an investment by Abstraction Ventures, a New Orleans based private investment fund that invests in early stage companies. The investment brings growth capital and Abstraction’s expertise in growing technology companies to Schedulist.

Amith Nagarajan, Co-Founder at Abstraction says “Schedulist has a unique offering at the right time and place. Healthcare executives are increasingly challenged in retaining talent across many functional areas. Schedulist’s technology will enable its clients to dramatically improve retention and optimize performance.”

According to Chris Laibe, President of Schedulist, “We are pleased to welcome Abstraction as an investor in Schedulist because they bring the knowledge and experience of successful entrepreneurs to help us execute our plan. In addition, their investment is a local source of capital and proof that the New Orleans entrepreneurial ecosystem is taking shape. The strength of this ecosystem is critical to our short and long term success.”

Abstraction Ventures also lists New Orleans-based Drop The Chalk, Inc. as a portfolio company.