Formation Capital

Formation Capital, established in 1999 and based in Atlanta, Georgia, is a prominent private investment management firm specializing in real estate investments within the seniors housing and care, post-acute care, and healthcare sectors. The firm employs a fully integrated investment platform that includes both acquisition and asset management, addressing the unique complexities of the healthcare real estate market. Formation Capital's investment strategy focuses on capturing value through arbitrage across real estate, corporate, and capital markets. The firm's capabilities are bolstered by its in-house clinical advisory team, Formation Healthcare Group, and development team, Formation Development Group, which enhance its management team's expertise in healthcare, real estate, structured finance, and value-add asset management.

Ewan Bain

Analyst

Eugenia S. Hobbs

Vice President

Joe McDurmont

CFO

Nela Powell

CCO, Senior Vice President

Arnold Whitman

Executive Chairman and Co-Founder

Arnold M. Whitman

Executive Chairman

4 past transactions

Skypoint

Seed Round in 2021
SkyPoint provides a comprehensive customer data platform that emphasizes data privacy and compliance for consumer and healthcare brands. The platform simplifies the management of personal data, enabling organizations to integrate data silos through more than 200 built-in connectors while employing machine learning for identity resolution and creating a unified customer view. It features automated tools for data mapping, consent management, and handling data subject requests, ensuring compliance with various privacy regulations such as GDPR, CCPA, LGPD, and PDPA. Additionally, SkyPoint enhances consumer trust by offering a "My Privacy" experience integrated into user accounts, allowing individuals greater control over their personal data and fostering improved customer experiences and brand loyalty.

Skypoint

Seed Round in 2021
SkyPoint provides a comprehensive customer data platform that emphasizes data privacy and compliance for consumer and healthcare brands. The platform simplifies the management of personal data, enabling organizations to integrate data silos through more than 200 built-in connectors while employing machine learning for identity resolution and creating a unified customer view. It features automated tools for data mapping, consent management, and handling data subject requests, ensuring compliance with various privacy regulations such as GDPR, CCPA, LGPD, and PDPA. Additionally, SkyPoint enhances consumer trust by offering a "My Privacy" experience integrated into user accounts, allowing individuals greater control over their personal data and fostering improved customer experiences and brand loyalty.

Seniorly

Venture Round in 2019
Seniorly, Inc. operates an online platform that assists individuals and families in locating small and medium senior housing communities. Founded in 2014 and based in San Francisco, California, Seniorly provides real-time availability, pricing, videos, links, and inspection reports for various senior living options, including independent living, assisted living, and memory care. The platform aims to empower users by offering tools to facilitate their search process while also enabling small and medium-sized senior housing providers to compete effectively with larger corporations. Seniorly's services focus on connecting families with suitable housing options in key areas such as the San Francisco Bay Area, Sacramento, and Los Angeles.

One Step Software

Seed Round in 2018
One Step Software Inc. is a technology company based in Los Angeles, California, that specializes in providing software solutions for the management of sober living facilities. Founded in 2017, the company aims to enhance the operational efficiency of house managers by offering tools that improve the overall experience for residents in recovery. By leveraging its technology and services, One Step Software empowers sober living facilities to better support their patients, contributing to the effectiveness of addiction recovery processes.
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