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Venture Capital News: Pearl Health Inks $75M Series B

2023-01-26
NEW YORK, NY, Pearl Health today announced that it has raised $75 million in its oversubscribed Series B funding round.
Pearl Health, a leading technology company focused on physician enablement and risk bearing in value-based care, today announced that it has raised $75 million in its oversubscribed Series B funding round, led by Andreessen Horowitz's Growth Fund and Viking Global Investors, with participation by AlleyCorp, SV Angel's Growth Fund, and other leading investors. The round is comprised of $55 million in equity capital and an anticipated $20 million in a line of credit, and brings Pearl's total funding to date to more than $100M.

Pearl Health is democratizing access to value in healthcare. Led by provider enablement, risk-bearing, and technology experts, Pearl offers software and services that help providers reimagine how they visualize, understand, and care for their patients. Pearl supports primary care organizations and providers in their transition to value-based care and surfaces data and insights that help them deliver better, more proactive care, decrease total cost of care across patient panels, and optimize performance in risk-bearing models like Medicare's ACO REACH.
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