Commure
Commure Raises $220M in Series B
Quick Facts
Commure Raises $220M in Series B
Commure has successfully raised $220M in a Series B at a $3.3B valuation led by General Catalyst, Founders Fund, 8VC, Human Capital, Definition Capital.
Company Overview
Commure is a HealthTech company headquartered in 650 California Street, San Francisco, CA 94108, founded in 2017 with 500+ employees.
Healthcare software platform
Fundraising Details
- Amount Raised: $220M
- Round Type: Series B
- Valuation: $3.3B
- Date: 2024-08-02
- Investors: General Catalyst, Founders Fund, 8VC, Human Capital, Definition Capital
About Commure
Healthcare software platform The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 650 California Street, San Francisco, CA 94108
- Founded: 2017
- Team Size: 500+
- Industry: HealthTech
What This Means
This funding round demonstrates strong investor confidence in Commure'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. Commure's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $3.3B valuation marks an important milestone for Commure, positioning the company among notable players in the HealthTech industry.
Looking Ahead
With this new capital, Commure 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 2024-08-02. For more information about Commure, visit their headquarters at 650 California Street, San Francisco, CA 94108.
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