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Headline : Transcarent raises $126M, bringing its valuation to $2.2B

Read more from the original article on here at www.mobihealthnews.com.





Tags : #transcarent #raises #126m #bringing #valuation #22b


No. of Paragraph 23

Transcarent, a digital platform focused on the self-insured employer market, announced it secured a $126 million Series D investment. The funds bring the unicorn company's total raise to $450 million and valuation to $2.2 billion.

General Catalyst and 7wireVentures led the round, with participation from new investors Memorial Hermann Health System and Geodesic Capital. 

Former investors Human Capital, Kinnevik, Threshold Ventures, Ally Bridge Group, Alta Partners, Leaps by Bayer and Merck Global Health Innovation Fund also contributed to the Series D.

The California-based company focuses on self-insured employers and their employees. Members can virtually access care 24/7, and a health concierge is available to talk to patients and help them plan surgeries and care paths. 

Read more from the original article on here at www.mobihealthnews.com.


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