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Announced

Completed

Iora Health raised $126m in a Premji Invest-led series F funding round.

Financials

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Transaction Value£97m
Consideration Type-
Capital Owned-
Capital Bid For-
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EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

primary care

Private

Private Equity

Minority

Friendly

United States

Health Care Facilities

Acquisition

Cross Border

Synopsis

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Iora Health, an innovative primary care provider network, raised $126m in a Premji Invest-led series F funding round. The funding round was joined by existing investors Cox Enterprises, Temasek, Devonshire Investors, .406 Ventures, Flare Capital Partners, Polaris Partners, and Khosla Ventures. Iora will use the Series F funding to accelerate growth and refine and optimize their care model. Additionally, Iora is increasing its investment in its proprietary collaborative care platform, Chirp, to deliver new and improved features to be certified as a Medicare Certified Electronic Health Records system. "The funding round is a testament to the model we have, the progress made and the industry's - and especially our investors' - confidence in the future impact Iora will make on the industry and more specifically on all of our patients' lives," Rushika Fernandopulle, Iora Health CEO and Co-Founder.

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