US-based healthcare services platform Amino secured $25m on Tuesday in a series C round backed by Northwestern Mutual Future Ventures, the corporate venturing arm of insurance provider Northwestern Mutual.
The round was led by alternative investment manager Highland Capital Management, with participation from Accel, Aspect Ventures, CRV, Pilot Wall Group and other, unnamed investors.
Founded in 2013, Amino has created a range of free consumer products that produce personalised, estimated healthcare bills for patients who can use the company’s platform to book doctor, hospital and imaging centre appointments.
Employers and providers can meanwhile use Amino’s offering to set up healthcare marketplaces. The series C capital will go towards continued development of Amino’s platform and will support an expansion into additional healthcare areas.
Michael Gregory, head of healthcare credit and equity for Highland Capital, will join Amino’s board of directors, as will former healthcare executive Jacqueline Kosecoff.
Amino had previously received $19.4m in equity financing. Accel provided $6.4m in series A capital for the company in 2014 before CRV, Rock Health and assorted angel investors supplied $13m in series B funding the following year.
The company is not related to the similarly named, corporate-backed Amino Apps.