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.