Announced
Completed
Financials
Sources
Tags
United States
healthcare technology
Minority
Health Care Services
Domestic
Private Equity
Friendly
Acquisition
Private
Completed
Venture Capital
Synopsis
Lightspeed Ventures, a venture capital firm, led a $50m Series B funding round in Wheel, a developer of a telehealth platform designed to connect companies and clinicians to deliver virtual care at scale. Additional investors include CRV, Silverton Partners, Tusk Venture Partners, JP Morgan and Future Shape. "Imagine being able to pull out your phone and instantly get connected with the best doctor for your care needs. We're building the technology to make this complex and expensive feat a reality for millions of patients. If we actually want to expand access to healthcare, we need the industry to recognize there's a better way to reach patients than simply bringing the broken system online. That's why we're powering the next generation of healthcare companies and clinicians to make virtual care work for everyone," Michelle Davey, Wheel CEO and Co-Founder.
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