FLORIDA FUNDERS INVESTS IN VENDOR MANAGEMENT SOLUTION FOR HEALTHCARE
RepScrubs creates a sterile, streamlined vendor attire solution with pre-packaged disposable scrubs
Tampa, Fla. – July 9, 2018 – Florida Funders, a firm providing early-stage capital to Florida technology companies, announces a $1.35 million dollar investment in RepScrubs, a Sanford, Florida-based smart scrub solution for modern medical facilities. RepScrubs provides a vending machine system that distributes disposable scrubs for medical device representatives inside of hospitals to create a more sterile solution for healthcare. RepScrubs, the first and only in the industry, is utilized in over 90 hospitals nationwide while reducing the cost to medical facilities and preventing the transfer of infections due to contaminated apparel.
“We’re excited to support a project that unlike anything else in the market reduces the liability and infection risk for healthcare professionals and their patients,” said Tom Wallace, Managing Partner for Florida Funders. “Recent studies have revealed that scrubs transport dangerous, often times deadly, bacteria and we believe that RepScrubs has incredible potential to change that.”
Recognized as the only nationally-standardized vendor-attire platform, RepScrubs are a sealed package of a shirt, pants, two red bouffant caps and a pair of shoe covers. Manufactured from polypropylene, a plastic that can be recycled by municipal, on-site and third-party-recyclers – RepScrubs offers recycling options to cut waste and environmental effects. A RepScrubs logo is printed in white on both the pants and the shirt for easy recognition while a time-sensitive badge is printed at the ScrubPort, including information on the medical professional for patient safety, and a chemical reaction occurs that begins a linear migration of ink that bleeds from the back to the front of the badge when the RepScrub needs to be replaced for a clean, unused set.
“We have already reached great success with RepScrubs but the support of Florida Funders allows us to broaden our reach to more medical systems,” said Jeff Feuer, President and Chief Executive Officer for RepScrubs. “With three patents for our design and utility, we believe that RepScrubs has the potential to change the healthcare market by providing cost-effective, sterile apparel for medical professionals. RepScrubs is available to hospitals at no additional cost meanwhile, generating immediate supply savings and reducing the liability and infection risk.”
Included in Florida Funders’ $1.35 million-dollar investment in RepScrubs is a $200k contribution from FAN Fund out of Orlando. One of RepScrubs most incremental initiatives with the new funding will allow them to reach a broader audience of healthcare professionals nationwide. With over 30 systems in Florida, RepScrubs will utilize the funding from Florida Funders to reach hospitals nationwide. Currently, University of Miami Health Systems, Tenet Health, Mount Sinai Hospital, Hospital Corporation of America and many other health systems have adopted RepScrubs three-step plan, including the establishment of a scrub policy, implementation of a ScrubPort machine and accumulation of RepScrubs usage reports.
About Florida Funders, LLC: Florida Funders is a hybrid of a venture capital fund and crowd-funding platform that invests in early-stage technology companies in Florida. The firm is led by an experienced team of serial entrepreneurs, venture capitalists, and experienced angel investors with proven track record of successful exits and a shared passion for growing the next generation of Florida tech companies. Learn more at www.floridafunders.com and check out our explainer video on YouTube.
Morgan Roush, Director of Public Relations
Phone: 954-925-1511 ext. 1