Health2047 Inc., a Menlo Park, CA-based integrated innovation enterprise dedicated to healthcare, raised $27.2m in follow-on funding.
Its founding partner, the American Medical Association (AMA), provided the funding.
The company will use the new funds to ramp up the development and commercialization of new technology-based solutions in the areas of chronic disease reduction, radical productivity change, and value-based healthcare.
Led by Chief Executive Officer Lawrence K. Cohen, Health2047 is an innovation enterprise developing and commercializing solutions in the areas of data liquidity, chronic disease reduction, radical productivity change, and value-based healthcare.
The company also added a CFO and three new managing directors:
– Gary Cookhorn, former Managing Director of Fortress Investment Group;
– Daphne Li, former director of strategy at Apple and member of Bain & Company’s Business Acceleration Group;
– Piers Nash, former IBM Global Solutions Consultant in genomics and healthcare and member of the founding team at the Genomic Data Commons; and
– Lúcia Soares, former VP of Health Technology Program Strategy and Delivery at Johnson & Johnson.