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Somatus Raises $64 Million in Series C Financing to Transform Kidney Care

Jun 23, 2020•about 5 years ago

Amount Raised

$64 Million

Round Type

series c

Description

Somatus, a market leader in value-based kidney care, today announced it has completed a Series C funding round of $64 million. The funding round was led by Longitude Capital and co-led by Optum Ventures and Deerfield Management Company, and included participation from existing investors Blue Venture Fund, Flare Capital, and Town Hall Ventures. This investment round, combined with prior funding, brings the Company’s total capital raised to over $105 million since its launch in 2016.

Company Information

Company

Somatus

About

Somatus partners with leading nephrology and primary care groups, health plans, and health systems to provide integrated care for patients with, or at risk of developing, kidney disease. As the market leader in value-based kidney care, Somatus' vertically integrated clinical services and technology delay or prevent disease progression, improve quality and care coordination, and increase the use of home dialysis modalities and rates of kidney transplantation. The company is headquartered in McLean, Virginia, and founded by a team of world-class healthcare operators, successful entrepreneurs, and leading clinicians treating kidney disease. For more information, please visit www.somatus.com.

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