Announced
Completed
Financials
Tags
Health Care Services
Acquisition
Friendly
healthcare services
Minority
Private Equity
Cross Border
Completed
Private
United States
Venture Capital
Synopsis
Deerfield Management, an investment firm, led a $100m Series D funding round in Lark Health, an American digital health company. Additional investors include PFM Health Sciences, Franklin Templeton, King River Capital, Castlepeak, IPD, Olive Tree Capital, and Marvell Technology Co-Founder Weili Dai. "Empowering consumers to better manage their health and mitigate the impact of chronic conditions is one of the greatest challenges in healthcare, and approaches to the problem so far have resulted in fragmented care that frustrates consumers, payers, and providers alike. Lark has created a powerful AI-based platform that enables scalable personalized counseling and patient engagement that integrates and coordinates within the ecosystem to drive improved outcomes in a cost-effective way," Julian Harris, Deerfield Partner.
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