Vericare Management, a US-based provider of health services for old people, has borrowed money from venture debt provider Velocity Financial Group to buy an unnamed third party.
Vericare is backed by Aetna Ventures, the corporate venturing division of healthcare provider Aetna, and venture capital firms HLM Venture Partners, Salix Ventures and Acacia Venture Partners.
Aetna invested for the first time as part of Vericare’s $9.5m series B round in 2007, although the corporate venturing unit’s managing director and lead invest in the portfolio company, Adam Grossman left the following year.