Calibrate
Calibrate Raises $100M in Series B
Quick Facts
Calibrate Raises $100M in Series B
Calibrate has successfully raised $100M in a Series B at a $1.3B valuation led by Founders Fund, Threshold Ventures, Optum Ventures, Tiger Global, Redesign Health.
Company Overview
Calibrate is a HealthTech company headquartered in 315 Hudson Street, New York, NY 10013, founded in 2020 with 300+ employees.
Metabolic health platform
Fundraising Details
- Amount Raised: $100M
- Round Type: Series B
- Valuation: $1.3B
- Date: 2024-02-03
- Investors: Founders Fund, Threshold Ventures, Optum Ventures, Tiger Global, Redesign Health
About Calibrate
Metabolic health platform The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 315 Hudson Street, New York, NY 10013
- Founded: 2020
- Team Size: 300+
- Industry: HealthTech
What This Means
This funding round demonstrates strong investor confidence in Calibrate'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. Calibrate's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $1.3B valuation marks an important milestone for Calibrate, positioning the company among notable players in the HealthTech industry.
Looking Ahead
With this new capital, Calibrate 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 2024-02-03. For more information about Calibrate, visit their headquarters at 315 Hudson Street, New York, NY 10013.
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