PatientPop, a US-based care management software developer backed by healthcare technology provider Athenahealth, raised an undisclosed amount yesterday to increase its total funding to $75m.
The round was led by investment firm Leerink Transformation Partners and included venture capital firm Toba Capital and financial services provider Silicon Valley Bank.
Founded in 2014, PatientPop has developed a software platform that helps care practices ranging from general practitioners surgeries to dentists manage their online presence in order to attract and retain patients.
The funding will be used to accelerate PatientPop’s expansion efforts and drive technology development. Todd Cozzens, co-founder and managing partner of Leerink, will join its board of directors in conjunction with the round.
PatientPop had previously disclosed $22.4m of funding, which would theoretically place the size of the round at $52.6m, though it is unclear whether it has revealed all its earlier funding.
The company closed a $20.5m series A round in 2016 after adding $10.5m in a extension led by Toba Capital and backed by Athenahealth and Silicon Valley Bank to the $10m initially supplied by Toba in November 2015.
PatientPop had also received approximately $1.9m in funding from unnamed investors in May 2015 according to a regulatory filing.
