Commons Clinic Raises $19.5M in Series A Financing

Commons Clinic

Commons Clinic, a Los Angeles, CA-based provider of a health system offering care for spine, orthopedics, and pain management, raised $19.5M in Series A funding.

The round, which brought the total amount to $33.5M, was led by RA Capital Management with participation from existing investors Floating Point and Courtside Ventures as well as new investor Time BioVentures. Commons Clinic added two new board members, Prithviraj Singha Roy of RA Capital Management and John Loser of Floating Point, who join Nick Aubin, co-founder and CEO, Paulo da Costa, co-founder and COO, and Bob Badal, co-founder of Strive Health.

The company intends to use the funds to expand operations and its business reach.

Founded in 2021 by Nick Aubin and Paulo da Costa, Commons Clinic provides a health system offering expert care. Its platform converges value-based care, physicians, and a portfolio of ambulatory facilities and surgical centers to offer an end-to-end service that delivers an improved experience to patients. With its group of orthopedic physicians, branded care centers, a network of state-of-the-art surgical facilities, and native virtual clinic, Commons Clinic offers consumers all-inclusive care programs for total joint replacements, spinal fusions, and more.

FinSMEs

10/10/2023