Homeward Raises $50 Million To Expand Its Primary Care Model To New Markets In Rural Communities

Homeward, which provides virtual and in-person services to connect people in rural areas to primary care and specialty services, raised $50 million in a Series B funding round. The company will use the new funds to accelerate expansion into new markets through value-based contracts with health plans. Homeward will also invest in scaling its on-the-ground and virtual multidisciplinary care teams, including specialty care.

The round was co-led by ARCH Venture Partners and Human Capital. The funding round also includes participation from General Catalyst, which led Homeward’s Series A funding, and from individual investors Lee . . .