Investor
While the virtual care company maintains its momentum through the pandemic and Livongo merger, it also reported higher-than-expected losses during the quarter.
The company announced a $100 million Series E funding.
The company handles back-office operations for its partner organizations, and provides professional caregivers with an app for finding and scheduling jobs.
Medidata said the deal will help better integrate clinical-grade metrics into its remote trial platform and broadly support the use of wearable sensors for clinical research.
The primary care provider is also looking to expand into virtual physical therapy in the coming year.
The company's funding news came alongside a new deal with Humana focused on prior authorizations for musculoskeletal treatments.
Also: First Databank and RxCap collaborate on patient medication instruction and adherence app, Cohere Health is handling MSK prior authorizations for Humana.
The company has been verifying and monitoring the credentials of more than 50,000 providers since August.
The company offers personalized fitness plans and daily text-based coaching.
TVC Capital led the round with participation from Kickstart Seed Fund, University Growth Fund and Jeremy Andrus.