Announced
Completed
Financials
Sources
Tags
Acquisition
Minority
Friendly
Private Equity
Domestic
Completed
Private
Single Bidder
Venture Capital
health care solutions
United States
Health Care Services
Synopsis
Meritech Capital led a $100m Series D round in Aledade, the startup company that is working to reshape primary care, with participation from Tiger Global Management, IVP, and OMERS Growth Equity. "We’re grateful to be a small part of the Aledade team. Every other innovator in this space wants to own the doctors and be their boss. But Aledade’s team set out to prove doctors are better caregivers and leaders in their community when they stay independent. They’re happier, too. When we first invested in Aledade, we believed in their theory and took a leap. Now, we’re doubling down. Aledade and its network of independent primary care practices have proven they can treat patients far better and, as a bonus, raise revenue for primary care practices while simultaneously saving money," Craig Sherman, Meritech Capital Managing Director.
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