Lumeris
Lumeris Raises $100M in Growth
Lumeris Raises $100M in Growth
Lumeris has successfully raised $100M in a Growth at a $600M valuation led by Centene Corporation, Clayton Dubilier & Rice.
Company Overview
Lumeris is a HealthTech company headquartered in St. Louis, MO, founded in 2012 with 500+ employees.
Healthcare spending and value-based care platform
Fundraising Details
- Amount Raised: $100M
- Round Type: Growth
- Valuation: $600M
- Date: 2024-04-30
- Investors: Centene Corporation, Clayton Dubilier & Rice
About Lumeris
Healthcare spending and value-based care platform The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: St. Louis, MO
- Founded: 2012
- Team Size: 500+
- Industry: HealthTech
What This Means
This funding round demonstrates strong investor confidence in Lumeris'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. Lumeris's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $600M valuation marks an important milestone for Lumeris, positioning the company among notable players in the HealthTech industry.
Looking Ahead
With this new capital, Lumeris 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.
This fundraising news was reported on 2024-04-30. For more information about Lumeris, visit their headquarters at St. Louis, MO.
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