Wider Circle Raises $38M in Series B Funding

Wider Circle

Wider Circle, a Redwood City, Calif.-based innovative tech-enabled community health organization working with health plans and providers to connect neighbors to manage health, closed a $38m Series B funding.

The round was led by AmeriHealth Caritas, through a new wholly owned subsidiary, Social Determinants of Life, Inc., with participation from Blue Venture Fund, Chicago Ventures and other previous investors.

The company intends to use the funds to build out its national infrastructure, team and technology to support its expansion plans.

Led by Moshe Pinto, CEO, and Darin Buxbaum, president and chief operating officer, Wider Circle works with health plans nationally to deliver unique hyper-local care programs that connect neighbors. The company’s delivery network has been proven to drive resilience, improve member experience and engagement and reduce hospitalizations. Today, Wider Circle offers its innovative programs to more than 320 communities nationwide, including specialized COVID-19 support for vulnerable populations in isolation and peer-to-peer community support.

FinSMEs

29/09/2021