Seniors-Focused Patina Health Breaks Out of Stealth to Score $ 50 Million and More Funding for Digital Health

This morning Patina Health, a virtually empowered provider focused on seniors, came out of hiding with $ 50 million in Series A funding. Andreessen Horowitz (a16z) and GV (formerly Google Ventures) led the round, with participation from F-Prime, Rock Springs Capital, Viking Global Investors and others.

The company’s model of care, which is part of a collaboration with Patina Medical Group, includes a range of care teams across all specialties, including a PCP, nurse practitioner, behavioral health care provider, pharmacists, geriatricians and chronic care specialists. Seniors can access these teams both at home and virtually. The system is supported by analytics and includes an application that can help providers take charge of information and perform virtual care visits.

Healthcare payment firm Anomaly landed $ 17 million in Series A and seed funding this week. RRE Ventures led the round, with participation from Link Ventures, Madrona Venture Group, Declaration Partners and Redesign Health.

The company is focused on using artificial intelligence to help payers and clearing houses track lifecycles and identify billing errors. The aim is to streamline the payment of claims from payers and suppliers.

Anomaly plans to use the new funds to grow its team and expand its product line.

Medication firm Arine raised $ 11 million in Series A funding this morning. 111 ° West Capital Partners and Katalyst Ventures co-led the cycle, with participation from Magellan Health and SCAN Group.

The company uses artificial intelligence to help analyze various data points to help patients keep up with their drug treatment. The system includes personalized patient recommendations, exams, assessments and ongoing reports.

Arine said the investment resulted in the hiring of three senior executives, including a director of growth, a vice president of business development and a vice president of customer success.

Digital mental health firm Brave Health secured $ 10 million in Series B funding this morning, bringing the company’s total increase to $ 20.75 million. City Light Capital, Union Square Ventures and Able Partners led the round.

The Miami-based company is focused on meeting the mental health and addiction needs of the Medicaid population through virtual means.

“City Light Capital has been one of the nation’s most active mental health investors during the first half of 2021, and we are excited to help fuel Brave Health’s rapid geographic expansion this year,” said Josh Cohen, a partner of City Light Capital, in a statement.

“What makes Brave Health particularly interesting is their impressive growth and their unique approach to delivering mental health care to traditionally underserved populations. investor community. “

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