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Memora Health Raises $10.5M for Virtual Care Delivery Platform, Backed by Andreessen Horowitz

by Fred Pennic 05/11/2021 Leave a Comment

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Memora Health Raises $10.5M for Virtual Care Delivery Platform, Backed by Andreessen Horowitz

– Memora Health, a San Francisco, CA-based virtual care delivery platform led by 24-year-old Manav Sevak announced a $10.5M round of funding led by Andreessen Horowitz. Additional investors including AlleyCorp, Martin Ventures, Kevin Durant and Rich Kleiman’s Thirty Five Ventures, Sachin Jain, Operator Partners, Edward Elmhurst Health, B Capital, and Aaron Szekel also participated.

– Manav was inspired to start the company as a pre-med student following doctors on rounds when he noticed fragmentation in how people access information about their own healthcare and a confusion around how to follow the doctor’s orders, particularly when suffering from a complex disease requiring a complicated set of instructions and medications.

– To date, Memora has steadily built partnerships with over 55 health systems, cancer centers maternity care, and primary care groups including Mayo Clinic, Dana Farber, Banner Health and Penn Medicine.  

Smart Operating System for Healthcare

Memora Health’s proprietary care delivery platform uses machine learning to convert fragmented healthcare messaging and workflow data into smart modules that enable clinicians to deliver care more continuously. Memora integrates seamlessly into EMR and patient management systems, supercharging how existing tools are used to deliver care and enabling the automated collection of rich, actionable clinical data outside episodic visits. Memora’s platform is built to create an always-learning health system around the entire workflow of modern care delivery: from patient communication, symptom triage, and remote monitoring to evidence-based pathways, clinical documentation, and reimbursement.

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Tagged With: Andreessen Horowitz, Virtual Care, Virtual Care Platform

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