Carrum Health, a San Francisco, CA-based comprehensive bundled payment platform for employers, raised $6.5m in seed funding.
The round was led by Wildcat Venture Partners, with participation from SJF Ventures and SpringRock Ventures.
The company will use the funds to enhance the technology and operations platform while improving analytical insight capabilities.
Founded in 2014 and led by Sachin Jain, CEO, Carrum Health connects self-insured employers to regional healthcare providers through standard bundled payment arrangements. The company, which currently serves more than 400 employer groups on the West Coast of the U.S., aims now to improve and expand its platform to meet the demands of customer base by offering additional acute care bundles in orthopedic, spine and cardiac and adding key service lines such as bariatrics and maternity.