Color Health Raises $275M in Series D
Color Health has successfully raised $275M in a Series D at a $4.6B valuation led by General Catalyst, T. Rowe Price.
Company Overview
Color Health is a HealthTech company headquartered in Burlingame, CA, founded in 2013 with 400+ employees.
Population health technology platform
Fundraising Details
- Amount Raised: $275M
- Round Type: Series D
- Valuation: $4.6B
- Date: 2021-03-23
- Investors: General Catalyst, T. Rowe Price
About Color Health
Population health technology platform The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Burlingame, CA
- Founded: 2013
- Team Size: 400+
- Industry: HealthTech
What This Means
This funding round demonstrates strong investor confidence in Color Health's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The HealthTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Color Health's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $4.6B valuation marks an important milestone for Color Health, positioning the company among notable players in the HealthTech industry.
Looking Ahead
With this new capital, Color Health is well-positioned to execute on its growth strategy and continue building innovative solutions in the HealthTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2021-03-23. For more information about Color Health, visit their headquarters at Burlingame, CA.
