Tendo Systems, a Philadelphia PA-based provider of healthcare management software, raised $50M in Series B funding.
The round, which brought Tendo’s valuation to $550m, was led by Lux Capital, with participation from General Catalyst.
The company, which has raised $69m to date, intends to use the funds to accelerate its plans to expand its software, connecting patients, clinicians, and caregivers throughout the care journey.
Started by siblings Dan and Jen Goldsmith, Tendo Systems provides a digital engagement platform and suite of applications that connect patients, clinicians, and caregivers throughout the care cycle.
Tendo’s first foundational customer is Jefferson Health.