Iora Health Raises $28M in Series C Funding

Iora Health, a Cambridge, Massachusetts-based healthcare company, raised $28m in Series C funding.

Backers included Foundation Medical Partners, Rice Management Company, GE Ventures, Khosla Ventures, .406 Ventures, Fidelity Biosciences and Polaris Partners.

The company intends to use the funds to expand operations aiming to double in size in 2015.

Led by Rushika Fernandopulle, M.D., M.P.P., co-founder and CEO, Iora Health has developed a health care operating system featuring powered by its proprietary collaborative care platform which enables the teams to better care for their entire patient populations.
The company currently manages eleven primary care practices across the U.S. for distinct patient populations including employers, Medicare Advantage insurance plans, commercial insurance plans, and Taft Hartley Trust funds.
Sponsors include the Culinary Health Fund, Dartmouth College, the Freelancers Union, Grameen PrimaCare, Humana, King Arthur Flour, Lahey Health, the New England Carpenters Benefits Fund and Turntable Health.



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