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Announced

Completed

A consortium of investors led a $36m Series B round in Boulder Care.

Financials

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Transaction Value£28m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

medical treatment

Minority

Single Bidder

Private Equity

United States

Friendly

Health Care Services

Private

Completed

Acquisition

Cross Border

Synopsis

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A consortium of investors including Qiming Venture Partners, Goodwater Capital, Laerdal Million Lives Fund, First Round Capital, Greycroft, Tusk Venture Partners and Gaingels, led a $36m Series B round in Boulder Care, a telehealth provider of medical treatment. "At Boulder, we envision a dramatically better safety net for the most underserved – starting with SUD care delivered with humility and empowerment. Critical services should be accessible regardless of location, income, race & ethnicity, or personal choices about drug use. Linking arms with insurers has helped Boulder make care affordable for low-income Americans who are fighting hard to recover. With investor support, we'll deepen dozens of valuable health plan & employer relationships all over the country," Stephanie Strong, Boulder Care CEO.

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