US-based telemedicine and in-home primary care provider Heal yesterday picked up $100m in funding from health insurer Humana as part of a strategic partnership.
Founded in 2014, Heal allows patients to seek medical advice from a licensed physician through a telehealth app. Patients can also book in-home visits through the app, while doctors have access to digital monitoring services.
The company also provides access to psychologists through its telehealth service in California, while its primary care offering is currently available in the states of California, Georgia, Maryland, New Jersey, New York, Virginia and Washington, as well as in Washington DC.
The partnership with Humana will enable Heal to expand into additional markets, though only the cities of Chicago, Charlotte and Houston were explicitly named. The markets in question form part of Humana’s strategy of delivering a holistic approach to healthcare.
Susan Diamond, segment president, home business, at Humana, will join the board of directors.
Heal raised $20m in funding in May 2018 from Bascom Ventures, Inflection Capital, IRA Capital, RLJ Equity Partners, Trans-Pacific Technology Fund and musician Lionel Ritchie.
Fidelity led a $14.8m series B round in December 2016, only two months after Heal closed a $26.9m series A round led by Tull Investment Group with participation from Breyer Capital, HashtagOne, Slow Ventures and assorted private investors.
Slow Ventures, March Capital, Pritzker Capital and a range of angel investors had supplied $5m of seed funding in June 2015.
