Thirty Madison
Thirty Madison Raises $140M in Series C
Quick Facts
Thirty Madison Raises $140M in Series C
Thirty Madison has successfully raised $140M in a Series C at a $1B valuation led by Mousse Partners, Johnson & Johnson Innovation.
Company Overview
Thirty Madison is a HealthTech company headquartered in New York, NY, founded in 2016 with 400+ employees.
Multi-specialty telehealth platform
Fundraising Details
- Amount Raised: $140M
- Round Type: Series C
- Valuation: $1B
- Date: 2021-05-18
- Investors: Mousse Partners, Johnson & Johnson Innovation
About Thirty Madison
Multi-specialty telehealth platform The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: New York, NY
- Founded: 2016
- Team Size: 400+
- Industry: HealthTech
What This Means
This funding round demonstrates strong investor confidence in Thirty Madison'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. Thirty Madison's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $1B valuation marks an important milestone for Thirty Madison, positioning the company among notable players in the HealthTech industry.
Looking Ahead
With this new capital, Thirty Madison 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 2021-05-18. For more information about Thirty Madison, visit their headquarters at New York, NY.
About the Author
Related Company Reports
ConCntric Raises $10M in Series A
ConCntric, a PropTech company based in Austin, TX, has raised $10M in Series A at a $55M valuation led by Foundry Group, Fifth Wall.
Glue Raises $20M in Series A
Glue, a SaaS company based in San Francisco, CA, has raised $20M in Series A at a $100M valuation led by Kleiner Perkins, General Catalyst.
Glean Raises $260M in Series F
Glean, a AI/ML company based in Palo Alto, CA, has raised $260M in Series F at a $4.6B valuation led by Kleiner Perkins, Lightspeed, Sequoia.