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HomeHealthcare5 Funding Bulletins Made By Payer/Employer Corporations In Could

5 Funding Bulletins Made By Payer/Employer Corporations In Could


This roundup is supposed to spotlight among the most notable funding rounds of the month and isn’t supposed to be complete.

A number of main fundraising bulletins within the payer/employer area had been introduced in Could. Here’s a record of among the largest funding rounds:

Transcarent raises $126 million in Collection D funding

San Francisco-based Transcarent serves self-insured employers and offers providers for on a regular basis well being, pharmacy, behavioral well being, surgical procedure and oncology.

The corporate’s funding spherical was led by Common Catalyst and 7wireVentures and included participation from Geodesic Capital and Memorial Hermann Well being System. In whole, the corporate has raised about $450 million and has a valuation of $2.2 billion. The financing can be used to “double-down” on AI investments, help industrial progress and produce on new shoppers, CEO Glen Tullman beforehand instructed MedCity Information.

Chapter secures $50 million in Collection C funding

New York Metropolis-based Chapter is a Medicare navigation platform that serves people and organizations that help seniors. Its advisors assist customers discover the most effective plan for his or her wants and the best way to get essentially the most out of it.

Chapter’s $50 million Collection C funding spherical was led by XYZ Enterprise Capital and included participation from Narya Capital, Addition, Susa Ventures and Maverick Ventures. The funding will “speed up product improvement and hiring as Chapter scales to help 10x extra Individuals in want of higher healthcare protection,” in accordance with the corporate’s announcement.

Boulder Care rakes in $35 million in Collection C funding

Portland, Oregon-based Boulder Care works with payers — primarily Medicaid — in value-based contracts and treats individuals with opioid use dysfunction and alcohol use dysfunction. Via the corporate’s app, sufferers can entry a workforce of care suppliers, peer restoration providers and medicine help.

The Collection C funding spherical was led by Advance Enterprise Companions and included participation from Stripes, First Spherical Capital, Qiming Enterprise Companions and Laerdal Million Lives Fund. In whole, the corporate has raised about $85 million. With the funding, Boulder Care will develop its workforce and develop its footprint, Stephanie Robust, CEO of Boulder, beforehand instructed MedCity Information.

Expressable secures $26 million in Collection B funding

Austin, Texas-based Expressable is a digital speech remedy supplier. It provides reside one-on-one classes with a speech therapist and weekly follow actions. The corporate accepts insurance coverage, together with from UnitedHealthcare, Aetna and BlueCross BlueShield.

Expressable’s Collection B funding spherical was led by HarbourVest Companions and included participation from Digitalis Ventures, F-Prime Capital and Lerer Hippeau. The funding will assist enhance its care supply platform, develop its scientific community of speech-language pathologists and develop its partnerships with well being plans and suppliers, in accordance with the announcement.

Fay emerges from stealth with $25 million in funding

San Francisco-based Fay connects sufferers to digital and in-person help from registered dietitians. It accepts insurance coverage — together with from UnitedHealthcare, Blue Cross Blue Protect, Humana, Aetna, Cigna and Anthem — and works with employer well being plans at Google and Accenture. For dietitians, it helps them create their very own non-public follow and get credentialed with insurance coverage. 

The corporate secured a $20 million Collection A funding spherical led by Forerunner Ventures with participation from Common Catalyst and 1984. A yr in the past, it raised an unannounced seed spherical led by Common Catalyst. The funding will assist Fay develop and enhance its choices for dietitians and shoppers.

Image: Feodora Chiosea, Getty Pictures

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