Aledade Raises $64 Million Series C On Nationwide Growth Of Value-Based Care Network

Aledade announced it has closed a $64 million Series C funding round following the continued growth of its national network of physician-led accountable care organizations (ACOs). OMERS Growth Equity led the round which included strategic investors California Medical Association, and returning investors Meritech Capital, Echo Health Ventures, CVF, and GV.

The funding round comes as Aledade has experienced over 60% annual growth in revenue as well nearly 50% annual growth in its client base and total health care spending under management. This funding will empower the company to continue growing its existing and new ACOs as well as its . . .