Current Health Raises $64M in Series B

Current Health has successfully raised $64M in a Series B at a $300M valuation led by Activate Capital, Lux Capital.

Company Overview

Current Health is a HealthTech company headquartered in Boston, MA, founded in 2015 with 200+ employees.

Remote patient monitoring platform

Fundraising Details

• Amount Raised: $64M
• Round Type: Series B
• Valuation: $300M
• Date: 2021-08-10
• Investors: Activate Capital, Lux Capital

About Current Health

Remote patient monitoring platform The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Boston, MA
• Founded: 2015
• Team Size: 200+
• Industry: HealthTech

What This Means

This funding round demonstrates strong investor confidence in Current 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. Current Health's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $300M valuation marks an important milestone for Current Health, positioning the company among notable players in the HealthTech industry.

Looking Ahead

With this new capital, Current 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.

This fundraising news was reported on 2021-08-10. For more information about Current Health, visit their headquarters at Boston, MA.