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UpStream Healthcare (UpStream), which provides a technology platform to support value-based primary care services, raised $140 million in a Series B funding round. The round was co-led by technology and global growth investors Coatue and Dragoneer with additional participation from other top healthcare and technology investors, including Avidity Partners, Define Ventures and Mubadala.

UpStream supports physicians operating under full-risk, value-based arrangements who are providing care to seniors on Medicare with an integrated platform that emphasizes care quality, health equity and total cost of care. More than 2,900 physicians providing care to 175,000 senior patients . . .

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