Aladade, OMERS has raised $ 123 million in a series of e-funding rounds led by Growth Equity, which works with primary care providers to build technology-enabled accountable care organizations.
Other participants in the round include Fidelity Management and Research Company and other current investors. This increase brings startup valuations to 3.1 billion, As reported by Insider.
Allied said it plans to use the funds to provide more value-based care for seniors covered by Medicare Advantage and to expand offers under it. New healthcare subsidiary Aledade Care Solutions.
The company has announced a $ 100 million Series D in January 2021 and $ 64 million Series C in April 2020.
“When we started Allied almost a decade ago, we made a bet that if we empowered primary care physicians with the right insights, technology and contracts that paid for the price, we could improve patient outcomes, reduce unnecessary costs and We can create a measurable business model for these practices and for the betterment of Aladdin, “said CEO and co-founder Dr. Farzad Mostashari in a statement.
“With this funding, Allied is in a very good position in a market environment where it can seize new opportunities to accelerate our work to meet patients, especially in Medicare Advantage, and to expand patient care services. Business will be stronger and that is our plan. “
Drug discovery platform Insilico Medicine has scored $ 60 million in Series D funding.
The round included participants from BHR partners as well as former investors Warburg Pincas, B Capital Group, Kimming Venture Partners, Bold Capital Partners and Pavilion Capital. Alex Zavornkov, the company’s founder and CEO, has also invested in Series D.
Insilico will use the funds for its progress Build the product pipeline, its Pharma.AI drug discovery engine and expand worldwide. The company announced a $ 225 million Series C funding round in June last year.
Women’s Health-Oriented Virtual Care Startup Visa Health Rises Up $ 2.6 Million Seed, According to the report by Minne Inno.
The seeds included the participation of Flair Capital Partners, Pixel Perfect Ventures, Inhealth Ventures, SWL Healthcare Ventures and Angel Investors. The startup will use the funds to add additional women’s health services and launch a pilot with a national health plan to study the effectiveness of its tools.
Choix, a telemedicine clinic for reproductive care, has raised $ 1 million in seed funding led by Elevate Capital.
The startup, which offers drug abortions, emergency contraception, birth control, genital herpes care, cold sores treatment and UTI treatment, said it plans to raise an additional $ 500,000 to $ 1 million next month.
“We are incredibly grateful to Elevate for believing in our goal to improve access to safe abortion care from home,” CEO and co-founder Cindy Adam said in a statement. “We are excited about our ability to raise clinician teams and expand activities to other states at a critical time, when reproductive access is at increasing risk.”