Here are five startups that have received backing from payers this year.
Nymbl Science, a digital fall prevention company, received a $12 million funding round led by Cobalt Ventures, Blue Cross Blue Shield of Kansas City’s venture fund. Blue Cross Blue Shield of Alabama’s venture fund, 450 Ventures, was also among the backers.
Valera Health, a virtual mental healthcare provider, received a $44.5 million investment, backed by Cigna Ventures and Blue Cross Blue Shield of Arizona venture fund Trinnovate Ventures. The growth equity raise was led by Heritage Group, a venture fund that partners with several large hospital systems and local Blue Cross Blue Shield companies.
Sonara Health received $3 million in seed round funding from Blue Cross Blue Shield of Kansas and First Trust Capital Partners, an investment firm whose portfolio includes several healthcare startups. Mark Cuban, billionaire entrepreneur and owner of the NBA’s Dallas Mavericks, was one of the first investors in the platform.
Hopscotch, a digital youth mental health provider, raised $8 million in seed funding and gained the backing of major payers, including Aetna, Cigna and Optum.
CareBridge, a value-based care company for patients receiving home and community-based services, closed a $140 million financing round to begin expanding to more than a dozen states. Financing for the Nashville, Tenn.-based company was led by investment firm Oak HC/FT and included four of the nation’s five largest managed Medicaid plans: Optum Ventures, CVS Ventures, Anthem and HLM Venture Partners.
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