Eden Nelson
THE LARGER TREND Meanwhile Zipnosis has a history of creating white-label telemedicine products for providers. Over the last few years investors have poured millions into Bright Health. In September the company announced a $500 million Series E found to help it expand its geography. Less than a year before, the company scored $635 million in Series D funding. To date the company has collected more than $1.5 billion in funding dollars.
WHY IT MATTERS MobiHealthNews has reached out to Bright Health for more details and will update the story accordingly.
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While the release from Cain Brothers was sparse on specifics, the deal is sure to give Bright Health more telehealth capabilities. Bright Health has a track record of working in the consumer-focused health insurance and technology space. This news comes a week after news broke that Bright Health plans to raise at least $1 billion in an IPO.
Source Zipnosis is also a venture-backed company, but its venture amounts are more modest. All told, the company has over $20 million in investor dollars. In 2019, the company launched a new platform called ZipPlus, which helps providers using the company’s telemedicine services to carve out a road map.
The News Highlights
- Bright Health, Insuretech, buys Zipnosis, a telemedicine startup
- Check the latest Health news updates and information about health.
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