Total amount raised
$344 Millions
Latest funding date
Location
Included Health has successfully raised significant funding through multiple rounds, including a Series E round, with backing from prominent investors such as The Carlyle Group and Revelation Partners.
Keep reading to explore the intricacies of Included Health's fundraising journey and the investors backing this innovative healthcare platform.
What Is Included Health?
Included Health, founded in 2011 by Owen Tripp, is headquartered in San Francisco, California. The company specializes in providing a combination of virtual care, navigation, and communities-based healthcare services.
Included Health offers care guidance, advocacy, and access to personalized virtual and in-person care for everyday and urgent care, primary care, behavioral health, and specialty care. Their services are designed to be inclusive and comprehensive, ensuring quality care for diverse communities.
With a workforce of 1001-5000 employees, Included Health leverages both people and technology to deliver a unique healthcare experience. Their mission is to treat patients better through a single app that integrates various healthcare services.
How Much Funding Has Included Health Raised?
- Seed Round
- Amount Raised: $1M
- Date: January 2011
- Lead Investors: Harrison Metal
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the company's operations and initial development.
- Series A
- Amount Raised: $9M
- Date: May 2013
- Lead Investors: Venrock
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and enhance the platform's capabilities.
- Series B
- Amount Raised: $38M
- Date: June 2014
- Lead Investors: Greylock
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and increase market reach.
- Series C
- Amount Raised: $55M
- Date: August 2015
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop the technology and expand service offerings.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: January 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing growth and innovation.
- Series D
- Amount Raised: $66M
- Date: May 2018
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the company's market presence and enhance service delivery.
- Series E
- Amount Raised: $175M
- Date: September 2020
- Lead Investors: The Carlyle Group
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To grow clinical navigation and virtual primary care services.
Total Amount Raised: $344M. Current Valuation: Not publicly disclosed.
Key Investors
- The Carlyle Group
- Details: The Carlyle Group is a global investment firm with a diverse portfolio. It manages assets across various sectors and geographies.
- Investment Focus Areas: Healthcare, Technology, Aerospace, Defense, Consumer & Retail
- Notable Investments: ZoomInfo, McDonald's China, Supreme
- Greylock
- Details: Greylock is a venture capital firm that partners with entrepreneurs to build market-transforming companies. It has a long history of successful investments in technology.
- Investment Focus Areas: Technology, Consumer Internet, Enterprise Software
- Notable Investments: Facebook, LinkedIn, Airbnb
- Venrock
- Details: Venrock is a venture capital firm originally established as the venture arm of the Rockefeller family. It focuses on early-stage and growth investments.
- Investment Focus Areas: Healthcare, Technology, Energy
- Notable Investments: Apple, Intel, Gilead Sciences
- Harrison Metal
- Details: Harrison Metal is a seed-stage venture capital firm. It focuses on investing in early-stage technology companies.
- Investment Focus Areas: Technology, Consumer Internet, Enterprise Software
- Notable Investments: Birchbox, Hightower, ModCloth
- Revelation Partners
- Details: Revelation Partners is an investment firm specializing in healthcare. It focuses on companies that provide innovative healthcare solutions.
- Investment Focus Areas: Medical Devices, Diagnostics, Healthcare Services, Digital Health
- Notable Investments: Health Catalyst, Omada Health, Outset Medical
What's Next for Included Health?
Included Health stands at the cusp of significant growth opportunities, particularly in the realms of clinical navigation and virtual primary care. The increasing demand for virtual care, accelerated by the COVID-19 pandemic, presents a vast market for expansion. With a recent $175 million investment, the company is well-positioned to enhance its services and broaden its reach.
Future fundraising efforts are likely as the company continues to scale. The interest from premier investment groups like The Carlyle Group underscores the potential for further capital influx. However, navigating the complex U.S. healthcare system and facing competition from other startups and major players like Amazon will be challenging. Ensuring high-quality care and outcomes as the company grows will be crucial for sustained success.
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