Memora Health, a San Francisco CA-based technology company which is building an intelligent platform for virtual care delivery, patient navigation and management, closed a $10.5M financing round.
The round was led by Andreessen Horowitz with participation from AlleyCorp, Martin Ventures, Kevin Durant and Rich Kleiman’s Thirty Five Ventures, Sachin Jain, Operator Partners, Edward Elmhurst Health, B Capital, and Aaron Szekel. As part of the financing, Andreessen Horowitz General Partner Vineeta Agarwala will join the Memora Health board.
The company intend to use the funds to expand operations and business reach.
Led by CEO and co-founder Manav Sevak, Memora Health is a technology company building an intelligent platform for virtual care delivery, patient navigation, and complex care management.
The company’s proprietary care delivery platform uses machine learning to convert fragmented healthcare messaging and workflow data into smart modules that enable clinicians to deliver care more continuously. The system integrates into electronic medical record and patient management systems, charging how existing tools are used to deliver care and enabling the automated collection of rich, actionable clinical data outside episodic visits. The platform is built to create an always-learning health system around the entire workflow of modern care delivery: from patient communication, symptom triage, and remote monitoring, to evidence-based pathways, clinical documentation, and reimbursement.
The company has already partnered with over 55 healthcare organizations, including leading systems such as the Mayo Clinic, Penn Medicine, Banner Health, and Dana Farber Cancer Institute. Partners include large health systems, health plans, cancer centers, maternity care leaders, surgical and other specialty departments, primary care groups, and biopharma clinical trial teams.
FinSMEs
21/05/2021