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Farallon Capital led a $30m funding round in Ada Health.

Synopsis

Farallon Capital, an American multi-strategy hedge fund, led a $30m funding round in Ada Health, a digital health company, with participation from Red River West and Bertelsmann Investments. “As a company, our goal is to improve healthcare outcomes for more than 1 billion people around the world. Covid-19 has highlighted the need for greater, faster change within healthcare and we are seeing a growing demand from health systems, insurers and life sciences organizations for innovative ways to help transform health journeys and drive better outcomes for patients, clinicians and providers,” Daniel Nathrath, Ada Health CEO and Co-Founder.

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