What is DispatchHealth?
Founded in 2013 and headquartered in Denver, CO, DispatchHealth delivers accessible healthcare services directly to patients' homes, offices, or any location requiring medical attention. Through a simple call, click, or app tap, patients can summon a skilled medical team to their doorstep within hours. This innovative model addresses the growing need for convenient and timely medical care, positioning DispatchHealth as a key player in the shift towards patient-centric healthcare solutions. The company's ability to provide acute medical care outside traditional hospital settings is a testament to its scalable operational framework and commitment to improving patient access.
How much funding has DispatchHealth raised?
DispatchHealth has raised a total of $733.2M across 6 funding rounds:
Angel/Seed
$3.6M
Series A
$30.8M
Series B
$33M
Series C
$135.8M
Series D
$200M
Other Financing Round
$330M
Angel/Seed (2015): $3.6M with participation from StatHealth, iTriage, and EMP Holdings, LLC
Series A (2017): $30.8M led by Alta Partners and Questa Capital
Series B (2019): $33M supported by Echo Health Ventures, Alta Partners, and Questa Capital
Series C (2020): $135.8M featuring Alta Partners LLC, Oak HC/FT Partners LLC, Echo Health Ventures LLC, Questa Capital Management LLC, Humana Inc., and Optum Ventures
Series D (2021): $200M backed by Echo Health Ventures LLC, Oak HC/FT, Alta Partners, Questa Capital Management LLC, Humana Inc., and Tiger Global Ltd
Other Financing Round (2022): $330M with participation from Silicon Valley Bank, Optum Ventures, Humana, K2 HealthVentures, and Oak HC/FT
Key Investors in DispatchHealth
Humana Inc.
Humana Inc. is a health and well-being company committed to helping people live healthier lives. Their focus on personalized care and community support aligns with DispatchHealth's mission to bring healthcare directly to patients.
Oak HC/FT
Oak HC/FT is a venture growth-equity fund specializing in healthcare information and services. Their investment in DispatchHealth highlights their strategic interest in innovative healthcare delivery models.
Alta Partners
Alta Partners is a venture capital firm with a strong focus on healthcare and life sciences, dedicated to supporting transformative companies. Their continued backing of DispatchHealth underscores their belief in the company's disruptive potential in the healthcare market.
What's next for DispatchHealth?
The recent major strategic investment signals a new phase of growth for DispatchHealth, likely enabling further expansion of its service areas, technological enhancements, and strategic partnerships. With substantial backing, the company is well-positioned to capitalize on the increasing demand for home-based healthcare solutions. Future developments may include broader integration with health systems, enhanced telehealth capabilities, and the introduction of new service lines to address a wider spectrum of patient needs. This capital infusion is expected to solidify DispatchHealth's leadership in the urgent care and home healthcare sectors, driving innovation and improving patient outcomes nationwide.
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