What is Cadence Solutions?
Cadence Solutions is revolutionizing healthcare delivery by empowering the nation's largest health systems to extend high-quality care beyond traditional hospital settings. The company leverages advanced machine learning algorithms to collect and analyze patient vital signs, enabling personalized, real-time responsiveness in disease management. This proactive approach aims to significantly improve patient outcomes and operational efficiency for healthcare providers. Based in New York, New York, Cadence Solutions is positioned at the intersection of health technology and data analytics.
How much funding has Cadence Solutions raised?
Cadence Solutions has raised a total of $141.9M across 3 funding rounds:
Angel/Seed
$874K
Series A
$41M
Series B
$100M
Angel/Seed (2018): $874K, investors not publicly disclosed
Series A (2021): $41M led by Thrive Capital and General Catalyst
Series B (2021): $100M supported by Coatue, General Catalyst, and Thrive Capital
Key Investors in Cadence Solutions
Coatue
Coatue is a prominent investment firm known for its global market investments across public and private equity, with a focus on technology and equity-related securities.
General Catalyst
General Catalyst is a venture capital firm that supports transformational business opportunities, partnering with entrepreneurs to accelerate growth and build enduring enterprises across various sectors including technology and healthcare.
Thrive Capital
Thrive Capital is a New York-based venture capital company specializing in internet and software investments.
What's next for Cadence Solutions?
With its recent major strategic investment, Cadence Solutions is poised for accelerated growth and market expansion. The company's focus on remote patient monitoring and data-driven insights aligns with the increasing demand for telehealth and personalized healthcare solutions. Future developments are likely to center on enhancing its machine learning capabilities, expanding its platform's reach to more health systems, and further integrating real-time patient data to optimize care pathways. This funding will be instrumental in scaling operations and solidifying Cadence Solutions' position as a leader in the health technology sector.
See full Cadence Solutions company page
