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☆ Scoop: Particle Health lands $10 million in funding after lobbing antitrust lawsuit against medical records giant Epic
  + stars: | 2024-12-10 | by ( Rebecca Torrence | ) www.businessinsider.com   time to read: +4 min
Particle Health has raised $10 million from its existing investors, Business Insider has learned. Healthcare startup Particle Health has been battling electronic health records giant Epic Systems all year. The raise comes three months after Particle Health filed an antitrust lawsuit against Epic, alleging Epic has been stifling competition in the emerging "payer platform" market. The cash won't be used for Particle's antitrust lawsuit against Epic, because Particle itself isn't paying for the lawsuit, per two sources. Those actions and others by Epic, Particle's lawsuit claims, have led many Particle customers to drop their contracts and deter prospective customers, leading to a meaningful revenue loss for Particle.
Persons: It's Organizations: Business, Epic Systems, Systems, Health, Epic, Menlo Ventures, Canvas Ventures, Pruven, of, Oracle Health, New Locations: Southern, of New York, New York
☆ See the 12-slide presentation that a health-insurance startup used to land $58 million after its public competitors tumbled
  + stars: | 2023-02-08 | by ( Rebecca Torrence | ) www.businessinsider.com   time to read: +4 min
Angle Health wants to use tech to transform health insurance where other upstarts have failed. Angle Health raised $58 million to disrupt employer-sponsored health benefits using this pitch deck. Companies like Oscar Health, Clover Health, and Bright Health raked in investor cash on the promise that they could transform health plans with tech, and each went public in 2021 at a lofty valuation. Angle Health provided Insider with the pitch deck it used to raise $58 million in Series A funding from Portage and other investors. Here's the pitch deck Angle Health used to land a $58 million Series A.
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