Iora Health, a Boston, MA-based developer of a health system that aims to deliver relationship based care, raised $75M in Series D funding.
The round was led by Singapore-based Temasek with participation from existing investors .406 Ventures, Flare Capital Partners, F-Prime Capital, GE Ventures, Khosla Ventures, Polaris Partners, and Rice Management Company.
The company intends to use the funds to continue to drive further expansion and efficiencies in the model, including continued investment in Chirp, its proprietary collaborative care IT platform, expand in the US and globally.
Led by Rushika Fernandopulle, MD, MPP, co-founder and CEO, Iora Health has built a health system that delivers relationship based care via office and non-office based encounters (e.g. phone, text messages, and email), a transparent medical record, and educational offerings. With 34 primary care practices in 11 U.S. markets, the company serves diverse populations with an increasing focus on people aged 65 years and older on Medicare.