Aledade Raises $100 Million Series D Funding, Plans To Expand National Network Of At-Risk Primary Care Practices

Aledade recently closed a $100 million Series D funding round. Returning investor Meritech Capital led the round, which included new growth investors Tiger Global Management and IVP, and returning investor OMERS Growth Equity. The new funding will be used to help more primary care practices prepare to participate in value-based care and expand Aledale’s national network of at-risk primary care practices, with a particular focus on partnerships with Medicare Advantage plans.

The organization also plans to launch several initiatives in 2021 to extend this platform. These include initiatives to extend the use of integrated telehealth, predict and . . .