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Top related persons:
— - 1 Glen Tullman's - 1 General Catalyst - 1 Leslie Krigstein - 1 Transcarent - 1 Tullman - 1 Teladoc - 1 98point6 - 1
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Transcarent
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Service - 1 General - 1 Business - 1 Catalyst - 1 Human - 1 Ally - 1 Group - 1 Alta Partners - 1

Search resuls for: "98point6"


2 mentions found


☆ Exclusive: Glen Tullman's startup Transcarent is raising $125 million in new funding at a $2.1 billion valuation
  + stars: | 2024-03-25 | by ( Rebecca Torrence | ) www.businessinsider.com   time to read: +3 min
Read previewLivongo veteran Glen Tullman's latest venture, healthcare startup Trascarent, is raising a Series D round, Business Insider has learned. The sources said the round values Transcarent at about $2.1 billion. Related storiesIt's been a difficult fundraising environment for growth-stage healthcare startups — and that's reflected in Transcarent's latest fundraising push. Transcarent has raised $298 million to date, last grabbing $200 million in a January 2022 Series C round that boosted its valuation to $1.6 billion. Transcarent also acquired 98point6's virtual care platform in March 2023 to offer on-demand telehealth care.
Persons: —, Glen Tullman's, General Catalyst, Leslie Krigstein, Transcarent, Tullman, Teladoc, 98point6 Organizations: Service, General, Business, Catalyst, Human, Ally, Group, Alta Partners, Merck Global Health Innovation Fund, Jove Equity, Ventures, GreatPoint Ventures, Intermountain Healthcare, Rush University Medical, Soda Health Locations: Transcarent
☆ 98point6 is ditching its telehealth business to sell software. Here's the presentation it used to raise $30.7 million to fuel its pivot.
  + stars: | 2023-05-08 | by ( Rebecca Torrence | ) www.businessinsider.com   time to read: +3 min
98point6 has stopped providing virtual care and is focusing on licensing its care delivery platform. When 98point6 raised $20 million in September, it had no plans to sell its virtual care business, according to CEO Jay Burrell. Running the virtual care business took a lot more cash, though, and the digital health market was still tumbling. In March, 98point6 sold its virtual care business to Transcarent for $100 million. The fresh capital brings 98point6's total funding to $297 million, excluding the $100 million Transcarent deal, per the company.
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