Industry Bulletins | May 11, 2021
Collective Health Secures $280 Million To Accelerate The Digital Transformation Of Health Care
Health technology company Collective Health announced it secured $280 million in funding in a Series F round. The investment will be used to scale Collective Health’s seamless health care experience, empowering more people to live healthier lives through intuitive technology and personalized guidance. Health Care Service Corporation (HCSC), the largest consumer-owned health insurer in the U.S., which operates in five states, led the round. Additional backing was provided by new and existing investors, including DFJ Growth, Founders Fund, G Squared, Maverick Ventures, NEA, PFM Health Sciences, SoftBank Vision Fund 1, Sun Life, and others.
The fragmented nature . . .