Livongo Health

Livongo Health Raises $105M in Series E

Livongo Health has successfully raised $105M in a Series E at a $1.1B valuation led by General Catalyst, Kleiner Perkins, Venrock, Kinnevik AB.

Company Overview

Livongo Health is a HealthTech company headquartered in 150 West Evelyn Avenue, Mountain View, CA 94041, founded in 2014 with 1000+ employees.

Chronic condition management platform

Fundraising Details

• Amount Raised: $105M
• Round Type: Series E
• Valuation: $1.1B
• Date: 2024-01-16
• Investors: General Catalyst, Kleiner Perkins, Venrock, Kinnevik AB

About Livongo Health

Chronic condition management platform The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: 150 West Evelyn Avenue, Mountain View, CA 94041
• Founded: 2014
• Team Size: 1000+
• Industry: HealthTech

What This Means

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

Valuation Milestone

Reaching a $1.1B valuation marks an important milestone for Livongo Health, positioning the company among notable players in the HealthTech industry.

Looking Ahead

With this new capital, Livongo 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 2024-01-16. For more information about Livongo Health, visit their headquarters at 150 West Evelyn Avenue, Mountain View, CA 94041.