• Fri. Sep 22nd, 2023

Summus, a virtual specialty care corporation, secures $19.5M in funding, alongside other investments in the digital overall health sector.

ByEditor

Sep 18, 2023
Summus, a virtual specialty care corporation, secures $19.5M in funding, alongside other investments in the digital overall health sector.

Virtual specialty care platform Summus has raised $19.five million in funding, bringing its total raise to $70 million. The New York-primarily based corporation presents a virtual care platform focused on specialty care, offering employers, overall health plans, hospitals, and healthcare groups with access to a specialist network. The funding will be utilized to scale the company’s development and innovation. Final year, Summus received a $22 million strategic investment from the Glenstone Foundation and Mitchell Rales, the cofounder and executive committee chairman of Danaher Corporation.

Healthful aging platform Bold has also secured funding, raising $17 million in a Series A round led by Rethink Effect. This brings its total raise to $27 million. Bold partners with Medicare plans and providers to offer you virtual workout applications aimed at stopping falls, rising physical activity, and minimizing musculoskeletal discomfort and disability. The funds will be utilized to expand Bold’s workout offerings and help its expansion with national and regional provider groups and Medicare plans. Jenny Abramson, founder and managing companion of Rethink Effect, will join Bold’s board of directors.

Abramson praised Bold for its revolutionary method to preventive healthcare for older adults. She highlighted the significance of revolutionary, proof-primarily based options like Bold as the nation’s population continues to age and Medicare charges rise. Abramson believes that Bold’s method will drive worth across the healthcare program, benefiting members, providers, and payers alike.

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