Kidney care firm Attempt Well being scored a whopping $166 million in Sequence C funding led by NEA alongside strategic investor CVS Well being Ventures.
Present traders CapitalG (Alphabet), City Corridor Ventures, Redpoint, Echo Ventures and Ascension Ventures additionally participated within the spherical.
WHAT IT DOES
The Denver-based firm presents a value-based care platform that integrates persistent kidney illness and end-stage renal illness affected person information from numerous methods into one platform. The know-how was designed to determine illness development and make predictions a few affected person’s situation.
The corporate additionally presents sufferers assist by way of kidney transplants and dialysis, with sufferers accessing dialysis by way of conventional strategies or residence hemodialysis by way of Attempt’s collaboration with Outset Medical.
The funds can be used to develop partnerships with Medicare, industrial and Medicare Benefit payors, physicians and well being methods.
„With the brand new funding, we’ll proceed to develop in new markets and scale in our present markets as these turn out to be extra dense. We’ll do that by refining our care mannequin, enhancing our know-how supply and scaling the enterprise throughout the U.S.,“ Chris Riopelle, CEO and cofounder of Attempt, informed MobiHealthNews in an e-mail. „For the subsequent part of firm progress, we’ll additionally proceed to draw and retain our nice workers as that is the constructing block of what makes the corporate profitable. We all know we are able to solely maintain different individuals properly after we maintain our personal individuals, or what we name Strivers, first.“
MARKET SNAPSHOT
In 2021, Attempt Well being garnered $140 million in Sequence B funding led by Alphabet’s progress fund CapitalG, which was anticipated to present the corporate „distinctive entry“ to Google and Alphabet belongings.
Since then, the corporate’s partnered with nephrology group Southern California Kidney Consultants and not-for-profit Catholic healthcare system Trinity Well being to enhance kidney take care of sufferers.
One other firm within the kidney care house is tech-backed persistent kidney illness and end-stage renal illness administration firm Monogram Well being. Monogram scored a whopping $375 million in progress funding in January, simply two years after it closed a $160 million Sequence B funding spherical,
