Our Companies in the News
Read stories about our companies.
Thyme Care closes strategic investment from Echo Health Ventures and CVS Health Ventures to scale its value-based cancer care model
Thyme Care, the leading value-based cancer care enabler, today announced investment from Echo Health Ventures, a strategic investment platform investing on behalf of multiple Blues health plans, and CVS Health Ventures, the venture arm of CVS Health.
Main Street Health announces $315M funding round
Main Street Health, the nation’s largest value-based healthcare organization exclusively serving rural America, announced it has raised more than $315 million, including investment from Echo Health Ventures and health plan and provider partners.
Sempre Health secures $20 million in funding from Cencora Ventures, Echo Health Ventures, and others
Sempre Health, the leading solution for behavior-based healthcare pricing, today announced $20M in additional funding from three new investors, including Cencora Ventures and Echo Health Ventures. Existing investors including the Blue Venture Fund, UPMC Enterprises and Industry Ventures also participated.
Strive Health raises $166 Million in Series C funding from NEA, CVS Health Ventures and others
Additional investments from all previous strategic investors – CapitalG (Alphabet), Echo Health Ventures, Town Hall Ventures, Ascension Ventures and Redpoint – completed the round.
Autism provider Cortica secures $75M funding round, acquires 2 companies
Cortica has secured $75 million of investment and acquired two companies, expanding its footprint across the U.S.
Embold Health and SurgeryPlus partner to deliver market-leading quality experience
The new solution builds on the best parts of both SurgeryPlus and Embold Health’s work — identifying top-performing individual surgeons and physicians across the United States — to offer a tiered network that ensures their members access to high-quality care in their local markets.
Heartbeat Health CEO Jeff Wessler says telemedicine can improve access to cardiac care
Telemedicine can improve access to heart care, said Jeff Wessler, MD, Founder and CEO of Heartbeat Health, on a new podcast with Oliver Wyman’s Ann Kaplan.
Medix Infusion secures $35 million in Series B led by Echo Health Ventures
Medix Infusion, which creates access to infusion therapy for patients in rural, suburban and other underserved markets, has closed a $35 million Series B funding round led by Echo Health Ventures.
GNS rebrands as Aitia to focus on AI-enabled drug discovery
GNS, the leader in the application of causal AI and “Digital Twins” to discover and develop new drugs, announced its rebranding as Aitia.
Heartbeat Health CEO Jeff Wessler receives Tom Main Health Innovation Mentorship
The Oliver Wyman Health Innovation Center has named Heartbeat Health founder and CEO Jeffrey Wessler, M.D., recipient of the 2022 Tom Main Health Innovation Mentorship.
Upfront acquires PatientBond; expands capabilities for market-leading personalized patient access and engagement platform
Patient engagement and access platform Upfront announced today the acquisition of PatientBond, the leader in consumer science for healthcare, creating a single enterprise technology solution to drive patient acquisition and loyalty.
Embold Health Partners with The Leapfrog Group
Embold Health, an industry leader in objective doctor quality analytics, has partnered with The Leapfrog Group, the nonprofit organization behind the Leapfrog Hospital Survey and Hospital Safety Grades, to educate members about the quality and safety of hospitals in their community, empowering members to make informed decisions about where they receive care.
Waltz Health Launches With $35 Million Investment to Lower Drug Costs and Guide Consumers on Prescription Care
Led by industry veteran Mark Thierer and a team of seasoned healthcare leaders, Waltz Health debuts its first application, Marketplace Search, a tool that allows pharmacies to give customers comprehensive visibility into available prescription savings programs.
Wildflower Health Announces $26 Million Financing Round to Support National Expansion of Value-Based Maternity Care Offerings
Wildflower will leverage the financing round to strengthen its internal team and prepare for the nationwide expansion of a proprietary maternity bundle that fully operationalizes value-based care for OB providers.
Kidney Disease Patient Credits His Turnaround to Care and Education
Echo portfolio company Strive Health recently featured on its blog a kidney disease patient who credits his improved health to his Strive care team.
Scipher Medicine Closes $110 Million Financing
Echo portfolio company Scipher Medicine completes an additional funding round, including participation from Echo Health Ventures.
Strive Health Becomes Largest Non-Dialysis Company to Participate in Innovative New Payment Model
Strive Health, the national leader in value-based kidney care, has partnered with 260 nephrology providers in five states to participate in Medicare’s newly launched Comprehensive Kidney Care Contracting (CKCC) model.
Curation Health Announces Strategic Partnership with Echo Health Ventures While Adding Sonny Goyal to Board of Directors
Curation Health has experienced 900% growth in attributed patient lives in the last 12 months, delivering unprecedented results to health plans and providers.
Strive Health brings comprehensive kidney care to 16,000 patients across Pacific Northwest
This value-based kidney care initiative, which includes the opening of an innovative dialysis center, addresses long-term treatment costs and improves quality of life.
Embold Health Raises $20M in Series B Led by Echo Health Ventures
Echo Health Ventures welcomes Embold Health to its portfolio.
Enlace Health Partners with Wildflower Health to Deliver a Turnkey, Value-Based Care Maternity Bundle
Enlace Health™ (formerly Aver) and Wildflower Health announce their strategic partnership that enables an innovative new solution for the OB and newborn episode and addresses the growing interest and demand for a value-based approach to maternity care.
Avalon Healthcare Solutions Collaboration Yields $112 Million in Cost Savings
Echo portfolio company Avalon Healthcare Solutions has found success with Blue Cross and Blue Shield of North Carolina (Blue Cross NC) in delivering cost savings in laboratory services. Together, they generated $112 million in cost savings and quality improvements for Blue Cross NC members in 2020 by better managing lab services. Read more in the…
Genome Medical Announces Acquisition of GeneMatters and Closing of $60 Million Series C Financing
Echo portfolio company Genome Medical acquires GeneMatters and closes on a $60 million Series C financing.
DispatchHealth partners to bring hospital-level care to the home
Regence BlueShield is partnering with Echo portfolio company DispatchHealth, a leading provider of in-home medical care, to provide Regence members with an advanced level of in-home medical care.
Vori Health Raises Additional Capital from Strategic Partners Intermountain Healthcare, Ascension Ventures, and Echo Health Ventures
Echo portfolio company Vori Health, a first-class medical provider for innovative musculoskeletal care, announced additional Series A funding.
Eleanor Health Announces $20 Million Series B Financing to Address the Growing Need for Value-Based Addiction and Mental Health Treatment
Echo portfolio company Eleanor Health, the first outpatient addiction and mental health provider delivering convenient and comprehensive care through a population and value-based payment structure, announced the closing of an oversubscribed $20M Series B financing.
Heartbeat Health Raises $20M Series B Funding to Expand Virtual Heart Care
Heartbeat Health, a healthcare company working to deliver the most effective, efficient, and engaging heart care, announced today that it has raised $20 million in Series B funding, led by Echo Health Ventures.
Vericred Raises $23M in Oversubscribed Series B Funding Round
Aquiline Technology Growth-led funding round and board additions to fuel rapid staff expansion and product development. Benefits infrastructure leader extends its position as industry standard for health and supplemental insurance connectivity, efficiency. NEW YORK, April 12, 2021 — Vericred, the innovative data services platform powering digital quote-to-card experiences in health insurance and benefits, today announced…
Cityblock Health Raises $192 Million in Series C Extension Funding to Expand Health Care Model to the Millions of Underserved People On Medicaid
Echo portfolio company Cityblock Health, a healthcare provider for Medicaid and lower-income Medicare beneficiaries, announced the completion of a $192 million Series C extension funding round.
Scipher Medicine Announces $82 Million Financing
Echo portfolio company Scipher Medicine, a precision immunology company matching patients with the most effective therapy, announced the completion of its Series C financing.
Strive Health Raises $140 Million Led by Alphabet’s CapitalG to Tackle $410 Billion of Unmanaged Kidney Disease Spend
Echo portfolio company Strive Health, the national leader in value-based kidney care, announced that the company secured a $140 million Series B round of funding.
DispatchHealth Raises $200 Million in Series D Financing to Build Largest System of In-Home Medical Care
Echo portfolio company DispatchHealth, a provider of in-home medical care, announced it has secured an additional $200 million in Series D financing.
Octave Bioscience Secures $32 Million Series B Financing
Echo is excited to offer continued support to Octave Bioscience in its $32 million Series B financing round.
Investing in Health Justice
Echo is proud to support Cityblock’s groundbreaking work to deliver health and social justice to marganlized communities.
Integrating Behavioral Health for Whole-Person Care: Eleanor Health and Quartet Health Join Echo Health Ventures Portfolio
Echo Health Ventures is proud to welcome new innvestments Eleanor Health and Quartet Health into its portfolio.
Echo Health Ventures Celebrates Its 10th Investment in 2019
For Echo Health Ventures, 2019 is proving to be a year of significant growth. Within the first three quarters of this year, Echo closed ten new and follow-on investments, supported several new financing rounds and exits for existing portfolio companies, and fostered strong relationships between our parent companies and portfolio companies.
GNS Healthcare Raises $23 Million Led by Cigna Ventures
Cigna Ventures taps GNS’ technology and solutions to further advance whole person health for Cigna’s customers and clients Additional partners participating in recent funding round include Amgen Ventures, Celgene Corporation, Echo Health Ventures and Alexandria Venture Investments CAMBRIDGE, Mass. – July 9, 2019 – GNS Healthcare (GNS), a leading precision medicine company, today announced a…
Genome Medical Raises $23 Million in Series B Financing to Advance the Adoption of Genomics in Everyday Medical Care
Funds will Support Operational Expansion to meet Market Demand for Genetics Expertise SOUTH SAN FRANCISCO, CA — Embargoed until June 11, 2019 — Genome Medical, a leading nationwide telegenomics company providing genomic-based medicine, today announced that it has raised $23 million in Series B financing to accelerate the development of its technology and medical services which support…
DispatchHealth Closes On $33 Million in Growth Financing Led by Echo Health Ventures
DispatchHealth, which delivers on-demand health care to patients directly in the comfort of their own home, joins the Echo Health Ventures portfolio.
Cityblock Joins Echo Health Ventures Portfolio
Echo Health Ventures is excited to welcome new investment Cityblock into its portfolio.
Echo Health Ventures Joins Strive Health’s Investor Group to Help Transform Kidney Care for Patients
SEATTLE–(Jan 15, 2018) – Echo Health Ventures (EHV), a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions, announced today the completion of an investment in Strive Health (Strive), a new company launched to fundamentally change the lives of kidney disease patients through early engagement, comprehensive coordinated care, and expanded treatment options. “Strive’s new integrated approach to…
Octave Bioscience Secures $14 Million Series A Financing Round
MENLO PARK, Calif., July 12, 2018 — Octave Bioscience, the developer of a fully integrated care management solution delivering powerful insights for patients with neurodegenerative diseases, today announced the completion of its Series A funding of $14 million. BCBS Venture Partners led the investment round with participation from Echo Health Ventures (a strategic collaboration of Cambia Health…
Wildflower Health Acquires Circle, an Innovative Mobile Health Business Incubated by Providence St. Joseph Health
Combined Technologies, Expertise Creates Groundbreaking Platform for Family Health Engagement San Francisco, June 21, 2018 — Wildflower Health, a leading mobile health software company, today announced it has acquired the Circle Women’s Health Platform, a mobile health technology incubated by Providence St. Joseph Health (PSJH), the nation’s third-largest nonprofit health system. As part of the transaction,…
Livongo Health Raises $105 Million
Cambia Health Solutions & Livongo Partner to Improve Health For People With Chronic Conditions Nationwide Mountain View, Calif. – April 11, 2017 — Livongo Health, the leading consumer digital health company empowering people with chronic conditions to live better and healthier lives, announced a $105 million funding round led by existing investors General Catalyst and international investment company Kinnevik. Existing investors DFJ, Kleiner Perkins Caufield & Byers , Merck Global…
Echo Portfolio CEO Series: Colin Hill from GNS and Mary Pigatti from Retrofit
Echo Health Ventures invests to build and grow a diverse portfolio of health care technology and services companies. In the Echo Portfolio CEO Series, we’ll feature several entrepreneurs leading health care startups to learn more about their innovative solutions and shared vision for a better health care system. Our bold new approach to strategic investing…
Echo Portfolio CEO Series: Ben Albert from Upfront Healthcare
Echo Health Ventures invests to build and grow a diverse portfolio of health care technology and services companies. In the Echo Portfolio CEO Series, we’ll feature several entrepreneurs leading health care startups to learn more about their innovative solutions and shared vision for a better health care system. Upfront Healthcare, an Echo Health Ventures portfolio company, delivers…
Echo Portfolio CEO Series: Dr. Bill Kerr from Avalon Healthcare Solutions
Echo Health Ventures invests to build and grow a diverse portfolio of health care technology and services companies. In the Echo Portfolio CEO Series, we’ll feature several entrepreneurs leading health care startups to learn more about their innovative solutions and shared vision for a better health care system. Avalon Healthcare Solutions, an Echo Health Ventures portfolio…
Echo Portfolio CEO Series: Paul Ketchel from MDsave
Echo Health Ventures invests to build and grow a diverse portfolio of health care technology and services companies. In the Echo Portfolio CEO Series, we’ll feature several entrepreneurs leading health care startups to learn more about their innovative solutions and shared vision for a better health care system. MDsave, an Echo Health Ventures portfolio company, is…
Health Intelligence Company, Springbuk, Announces $20 Million Series B Round
INDIANAPOLIS (Jan. 22, 2018) — Springbuk, the nation’s leading employer-facing health intelligence software, has announced a $20 Million Series B round of financing. This financing round was led by California-based HealthQuest Capital and Echo Health Ventures, a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions. St. Louis-based Lewis & Clark Ventures and Indianapolis-based Elevate Ventures also participated in this financing round. Springbuk was…
Echo Health Ventures and Phreesia Announce Close of Growth Financing Round to Help Patients Engage in Their Care
SEATTLE–(Jan 4, 2018) —Echo Health Ventures (EHV), a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions to invest in innovative health care services and health care information technology companies, today announced the completion of a growth investment in Phreesia, the nation’s leading patient intake management platform. Phreesia manages intake for over 70 million patients annually across its…
Circulation Secures $10.5 Million in Funding
Circulation, a Boston, Massachusetts-based company specializing in non-emergency medical transportation, has raised $10.5 million in Series A financing, according to a company announcement. The Providence Service Corporation and Flare Capital Partners co-led the investment. Other participants included Boston Children’s Hospital, Humana, Echo Health Ventures (a collaboration of Cambia Health Solutions and Mosaic Health Solutions), NextGen Venture…
With $5.6M in New Funding, Upfront Healthcare Services Wants to Streamline Your Doctor Visits
Upfront Healthcare Services, a Chicago healthtech startup that helps physician practices get smarter about their scheduling, announced Thursday that it has raised a $5.6 million Series A round of funding to support growth and accelerate its product development cycle. “We are in an ambulatory epidemic as patients struggle to get appointments, clinician burnout is real,…
Avalon Healthcare Solutions Raises Additional Capital to Drive Growth
Avalon Healthcare Solutions, the leader in technology-enabled laboratory benefit management, today announced a third round of capital investment in the company. Mosaic Health Solutions (Mosaic), BlueCross BlueShield of South Carolina, and Francisco Partners are investors in the round. Echo Health Ventures (Echo) will administer this investment for Mosaic. Avalon is experiencing rapid growth as more health insurers express interest in…