What You Should Know: - Andreessen Horowitz (a16z) Bio + Health fund today announced a strategic partnership with Bassett Healthcare Network, an integrated healthcare system in central New York state. - The strategic partnership aims to leverage digital healthcare technologies from a16z’s portfolio companies to address the inequities and systemic challenges of delivering high-quality healthcare to rural patient populations through Bassett Healthcare Network. Leveraging Digital Health to
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Turquoise Health Raises $20M for Healthcare Pricing Platform, Launches Direct Contracting Platform
What You Should Know: - Turquoise Health, an end-to-end healthcare pricing platform, today announced a $20M Series A investment led by existing investor Andreessen Horowitz (a16z), with participation from Bessemer, Box Group, and new investor Tiger Global. - Turquoise Health will use the funding to continue making transparent pricing ubiquitous for all healthcare stakeholders: payers, providers, and patients. Direct Contracting Platform In anticipation of July payer rates
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Memora Health Nabs $40M to Scale Virtual Care Delivery Platform
What You Should Know: - Memora Health, a San Francisco, CA-based technology platform for virtual care delivery and complex care management, today announced the completion of a $40 million financing led by Transformation Capital with participation from Andreessen Horowitz, Frist Cressey Ventures, Edward Elmhurst Health, AlleyCorp, and others. As part of the financing, Todd Cozzens, Managing Partner at Transformation Capital, will join Memora's board. - Memora continues to rapidly grow with
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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
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Cedar Nabs $102M to Modernize Patient Financial Experience
What You Should Know: - Cedar raises $102M to fuel the next phase of Cedar’s vision of evolving from a patient financial engagement solution to a comprehensive healthcare consumer engagement platform. - Cedar combines healthcare, tech, and design to create a seamless financial experience for every patient. From pre-visit registration to post-visit billing, Cedar personalizes the care journey to take each patient to payment with ease. - The company also announced it has partnered with
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Care Coordination Network PatientPing Raises $60M to Fuel Expansion
What You Should Know: - PatientPing raises $60M in Series C funding to fuel expansion to new geographies and extends the capabilities of their care coordination network solutions. - As the nation’s leading care collaboration and
patient event notifications (e-notifications) platform, PatientPing’s
comprehensive suite of solutions leverage real-time patient data and are used
by provider organizations, hospitals, health plans, governments, individuals
and the organizations supporting
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Backed by Andreessen Horowitz, Ribbon Health Raises $10M for Health Data Platform
- Ribbon Health, a health care data platform raises $10.25M in Series A funding led by Andreessen Horowitz (“a16z”) and is the first investment by a16z’s newly announced Bio Fund III. - Ribbon is a health data platform that offers the most accurate, up-to-date data on providers, insurance plans, and price and quality of care. Ribbon Health, a New York City-based healthcare data platform, that today just announced a $10.25 million Series A round led by Andreessen Horowitz (“a16z”) and
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Precision Health Startup Q Bio Emerges Out of Stealth with $40M Led by Andreessen Horowitz
- Precision health startup Q Bio emerges out of stealth mode, raising $40M in Series B funding led by Andreessen Horowitz to bring preventative health and the physical of the future to masses. - In 75 minutes or less, members are able to get a comprehensive picture of their health and receive a web-based dashboard that they can review from anywhere in the world with their chosen clinicians. Q Bio, a Redwood
City, CA-based quantitative, clinically relevant assessment of personal
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Incredible Health Raises $15M to Transform The Way Nurses Get Hired
- Incredible Health raises $15M in Series A funding led by Andreessen Horowitz to solve America’s looming health care labor crisis. - Founded in 2017 by a former physician and an MIT alum from a family of nurses, the company has pioneered a new custom matching algorithm that personalizes a hospital’s hiring experience. - The platform empowers hospitals to apply to nurses seeking permanent positions, matching their needs to skilled professionals who fit the bill. Incredible
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VC Firm Andreessen Horowitz Launches $200M Bio Software Fund
Menlo Park, CA based venture capital firm Andreessen Horowitz is launching a new $200 million fund focused on funding companies software companies in the bio space led by Vijay Pande, the firm's first professor in residence from Stanford University, where he was a professor of chemistry, computer science, and structural biology. The new software-focused bio fund will focus on investments in three emerging areas: 1. Digital health & therapeutics - digital therapeutics for chronic
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