Unite Us Secures $35 Million Series B Funding to Expand Community Public Health Service Monitoring Software

VCBeat (WeChat Official Account: vcbeat) has learned that medical technology company Unite Us recently announced the completion of a $35 million Series B financing round. The funds from this round will be used to promote its community public health service monitoring software and accelerate the company’s development.

It is reported that this round of financing was led by Oak HC/FT, with participation from Town Hall Ventures, Define Ventures, Scout Ventures, Luminate (a charitable organization established by the Omidyar Group), and New York Ventures. According to officially disclosed data, from August 21, 2013, to September 19, 2017, the company completed three rounds of financing, raising a total of over $10.3 million. Following this latest round, the company’s cumulative funding will reach $45.3 million.

Unite Us, founded in 2013 and headquartered in New York, USA, with offices in Raleigh and Portland, is a health technology company. The company is dedicated to building coordinated care networks that bring together health systems, payers, government agencies, and community organizations to provide citizens with high-quality services needed to improve their health and live their best lives.

New York’s current healthcare delivery system incentive program has entered the final year of its Medicaid transformation, with many factors affecting community health still awaiting resolution. Addressing food insecurity is currently the top priority of the transformation plan; data show that one-third of hospitalized patients in the United States exhibit signs of malnutrition. The U.S. public health sector has engaged in extensive collaboration with Unite Us: the company’s screening software provides solutions for community public health, enhances coordination of food and nutrition services, and tracks community outcome feedback.

Taylor Justice, President of Unite Us, stated, “There is still a long way to go in addressing community health issues; without ensuring access to safe food, people’s health cannot be guaranteed.”

Nancy Brown, Partner at Oak HC/FT, stated, “We are delighted to partner with Unite Us. Over the past six years, Unite Us has coordinated health systems, payers, government agencies, and community-based organizations to effectively address the most critical public health challenges in today’s healthcare landscape, which is truly significant.”

Oak HC/FT, founded on September 3, 2014, and headquartered in Greenwich, Connecticut, USA, is a venture capital firm focused on healthcare information and services (HC) and financial services technology (FT).

Town Hall Ventures, founded in May 2018 and headquartered in New York, USA, is a venture capital firm. The firm is dedicated to investing in visionary companies to improve healthcare services in the United States.

Define Ventures, headquartered in California, is an early-stage venture capital firm focused on investing in digital health companies.

Scout Ventures, founded in 2011, is an early-stage venture capital firm based in New York, USA.

Luminate is a global philanthropic organization founded by the Omidyar Group.

The Omidyar Group, founded by American billionaire Pierre Omidyar and his wife Pam Omidyar, is a philanthropic investment firm.

New York Ventures is a venture capital firm dedicated to providing entrepreneurs with financing and advisory services from the earliest stages, with a commitment to fostering innovation and driving economic growth within the community.

(Compiled by Yang Shiying)