Bivarus has raised $2 million in a round of funding co-led by new investor Hatteras Venture Partners and existing investor Excelerate Health Ventures. In addition to local investors, the company managed to attract new institutional investors from outside of the Raleigh/Durham region, including NueCura Partners of Nashville, Tenn., and Boston Millennia Partners of Boston, Mass.

Bivarus offers analytics services for healthcare organizations that allow them to measure and analyze the patient experience. Organizations rely on the company’s real-time analytics platform to gain meaningful insights into drivers impacting the patient experience, buying behavior and provider performance.

“At NueCura Partners, our goal is to identify and invest in those companies that are poised to transform healthcare,” Don Lazas, MD, Founder and Managing Partner of NueCura Partners, said in a statement. “That’s the exact promise we see in Bivarus. Value in healthcare will, increasingly, be linked to the patient experience. Bivarus’ proprietary technology will allow institutions to identify opportunities to improve the patient experience early on and make needed changes more efficiently, thus enhancing care delivery.”

Bivarus plans to use the funds to continue expanding its customer base and product offering, as well as hire approximately 10 new employees in sales, marketing and product engineering.