DENVER, CO, DispatchHealth has secured an additional $200 million in Series D financing.
DispatchHealth, a provider of in-home medical care, today announced it has secured an additional $200 million in Series D financing, less than one year after closing a $135.8 million Series C round. Tiger Global led the Series D investment with previous investors Alta Partners, Echo Health Ventures, Humana, Oak HC/FT and Questa Capital funding the remainder of the round.
This latest investment brings the company's total funding to more than $417 million and raises its valuation to $1.7 billion. DispatchHealth will use the funding to expand its platform for in-home medical care to a total of 100 markets and ensure its Advanced Care line of service is widely available in the United States.
DispatchHealth is building the world's largest in-home care system in order to deliver trusted and compassionate care to all. DispatchHealth offers on-demand acute care and an advanced-level of medical care for people of all ages in the comfort of their own homes. DispatchHealth's emergency medicine and internal medicine trained medical teams are equipped with all the tools necessary to treat common to complex injuries and illnesses. DispatchHealth works closely with payers, providers, health systems, EMS, employer groups and others to deliver care in the home to reduce unnecessary emergency room visits, hospital stays and readmissions. Acute care medical teams are available seven days a week, evenings and holidays and can be requested via app, online or a quick phone call. DispatchHealth is partnered with most major insurance companies. For more information, visit DispatchHealth.com.
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