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Waymark Closes $45M Series A To Improve Healthcare Access And Outcomes Among Medicaid Beneficiaries

Jan 04, 2022over 3 years ago

Amount Raised

$45 Million

Round Type

series a

San Francisco

Description

Waymark, the Medicaid provider-enablement company devoted to scaling value-based care in Medicaid, today announced the closing of a $45M Series A financing co-led by Andreessen Horowitz (a16z) and New Enterprise Associates (NEA). Lux Capital and leading angel investors also participated in the round.

Company Information

Company

Waymark

Location

San Francisco, California, United States

About

Waymark was founded in 2021 by seasoned healthcare entrepreneurs and operators. The company is a Public Benefit Corporation that seeks to improve healthcare access and outcomes among Medicaid beneficiaries. Waymark will empower existing Medicaid primary care providers with technology-enabled, community-based care teams to deliver a set of interventions that are highly effective, but rarely available to Medicaid patients. Waymark designs technology and service delivery for communities and individuals that have been historically excluded, because of language, race, ethnicity, poverty, substance use, immigration status, gender or sexual identity, or other characteristics viewed as "other" or "lesser than". We promote access to healthcare when English is not spoken, technology is not used, and traditional care delivery is not trusted. We build and design with the communities we serve in each geography.

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