Crossover Health Raises $168M in Series D
Crossover Health has successfully raised $168M in a Series D at a $1B valuation led by Oak HC/FT, Echo Health Ventures.
Company Overview
Crossover Health is a HealthTech company headquartered in San Clemente, CA, founded in 2010 with 1000+ employees.
Employer-sponsored health centers
Fundraising Details
- Amount Raised: $168M
- Round Type: Series D
- Valuation: $1B
- Date: 2021-08-26
- Investors: Oak HC/FT, Echo Health Ventures
About Crossover Health
Employer-sponsored health centers The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: San Clemente, CA
- Founded: 2010
- Team Size: 1000+
- Industry: HealthTech
What This Means
This funding round demonstrates strong investor confidence in Crossover 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. Crossover Health's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $1B valuation marks an important milestone for Crossover Health, positioning the company among notable players in the HealthTech industry.
Looking Ahead
With this new capital, Crossover 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 2021-08-26. For more information about Crossover Health, visit their headquarters at San Clemente, CA.
