ConcertoCare Acquires Crown Health & Raises $105 Million To Expand Value-Based, At-Home Care Model

ConcertoCare, which provides home care for older adults, closed a $105 million Series B funding round, and announced it had acquired Crown Health, which provides home-based primary care in the Pacific Northwest. The funding round was led by Wells Fargo Strategic Capital, and included investment from Obvious Ventures, Vast Ventures, The Schusterman Family Foundation, SteelSky Ventures, Pennington Partners, and returning investor Deerfield Management. ConcertoCare plans to use the funds to scale delivery of its comprehensive care model to more seniors with unmet health and social needs in their homes. Through the acquisition, Concerto anticipates accelerating its growth and impact . . .