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Dispatchhealth Raises More Than $330 Million To Expand Its Technology-Enabled Ecosystem Of High Acuity Care In The Home

Nov 24, 2022over 2 years ago

Amount Raised

$330 Million

DenverMedicalHealth Care

Investors

Svb CapitalK2 Health VenturesQuesta CapitalEcho Health VenturesAdams Street PartnersOptum Ventures

Description

DispatchHealth, the nation's first comprehensive in-home, high acuity medical care provider, today announced it has raised more than $330 million in combined equity and debt financing. The equity round of $259 million was led by Optum Ventures, with participation from new investors Adams Street Partners, Blue Shield of California, among others, and continued support from existing investors Humana, Echo Health Ventures, Questa Capital and Oak HC/FT. K2 HealthVentures, Silicon Valley Bank and SVB Capital provided debt financing of $75 million, with up to an additional $75 million available for growth initiatives, bringing the total raised to more than $400 million.

Company Information

Company

DispatchHealth

Location

Denver, Colorado, United States

About

DispatchHealth® brings the power of the hospital to the comfort of your home. 🏡We provide comprehensive and trusted medical care in the home to people with serious health concerns - with services that include same-day, urgent medical care; hospital alternative care; and recovery 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