Pager, a NYC-based virtual care companion that provides a personalized, connected care experience throughout the healthcare journey, raised $33m in Series B equity and debt financing.
This brought the total raised by the company to $63m to date.
The Series B equity financing was led by growth equity investor Health Catalyst Capital with the participation of Horizon BlueCross BlueShield of New Jersey as well as existing investors Goodwater Capital, Three Fields Capital, New Enterprise Associates and Lux Capital with additional debt financing from Silicon Valley Bank. Other investors include board member Steve Shulman, former CEO of Magellan Health.
The proceeds will be used to expand in new markets, launch new products, and scale the technology platform and clinical operations in New York, NY and Raleigh, NC.
Started in 2014 by entrepreneurs Gaspard de Dreuzy, Philip Eytan and Uber’s founding CTO Oscar Salazar and led by Walter Jin, Chairman and CEO, Pager is a virtual care companion that provides a personalized, connected care experience throughout the healthcare journey. Pager provides people with the right information, navigation and coordination services to access the complete set of virtual care services including triage, telemedicine, prescriptions, appointments, transportation and after-care follow-up. Its embedded SaaS technology integrates with claims and clinical data systems, in addition to third-party point solutions, to enable AI automation that delivers a personalized, seamless engagement experience. Pager partners with payers, providers and employers to offer this solution to over 10 million people across the United States, in addition to Latin America.
The company is currently contracted to serve more than 10 million patients in the US and internationally.