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Carrum Health Grabs $45M Series B

Jun 06, 2023over 2 years ago

Amount Raised

$45 Million

Round Type

series b

San FranciscoHealth CareMedicalBiotechnology

Investors

Spring Rock VenturesCross CreekWildcat Venture PartnersTiger GlobalOmers Growth Equity

Description

The round was led by OMERS Growth Equity with participation from return backers Tiger Global, Wildcat Venture Partners, Cross Creek and SpringRock Ventures.

Company Information

Company

Carrum Health

Location

San Francisco, California, United States

About

Carrum Health is changing how we pay for and deliver care. We offer self-insured employers a value-based Centers of Excellence (COE) solution that connects their members with a rigorously vetted network of specialty care providers. Carrum's upfront, all-inclusive bundled pricing, award-winning technology, and dedicated care navigation team help lower costs for both members and employers while delivering a superior member experience. Carrum is independently validated to reduce unnecessary procedures by as much as 30%, lower readmissions by 80% and save employers up to 45% per episode of surgical care.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech