digital health funding
The digital MSK health company said that it tripled its customer base and quadrupled its revenue in 2020.
While equity investments in telemedicine rose 139% to $4.3 billion, other areas like data analytics and mobile health apps also earned strong support from investors.
The SaaS company specializes in reputation management and targeted marketing for doctors, practices and healthcare organizations.
The nearly 20-year-old brand started as an online hub for providers, but now hosts consumer-facing resources and in-person health clinics.
The company's lead offering for employer customers has so far reached more than 250,000 users.
Also: Digital therapeutics company Palo Alto Health Sciences reports $9.1 million; Adherium gains new support from investment firm Viburnum.
The company handles back-office operations for its partner organizations, and provides professional caregivers with an app for finding and scheduling jobs.
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.
The company has been verifying and monitoring the credentials of more than 50,000 providers since August.