HomeUSAIntusCare Raises $11.5M in Follow-on Financing

IntusCare Raises $11.5M in Follow-on Financing

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IntusCare

IntusCare, a Providence, RI-based provider of predictive analytics solutions for geriatric care, raised $11.5M in follow-on financing.

The round, which brought the total amount to over $27M, was led by Deerfield Management, with participation from Citi Impact Fund, Jumpstart Nova, and other existing investors.

Founded in 2019 and led by CEO Robbie Felton, ā€IntusCare develops predictive analytics platforms aimed at improving geriatric care outcomes. It empowers geriatric care providers to deliver more effective patient management and treatment for dual-eligible seniors, some of socially vulnerable and clinically complex individuals in the U.S. healthcare system. 

The company intends to use the funds to accelerate the launch ofĀ CareHub, a comprehensive care management platform and support the expansion of its existing suite ofĀ revenue integrity,Ā population health, andĀ utilization managementĀ solutions. Additionally, IntusCare plans to accelerate its artificial intelligence research, aiming to enhance user experiences for healthcare providers and staff.Ā 

FinSMEs

20/01/2025

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