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Chamber Cardio secured $8M in seed funding led by General Catalyst to support the shift to value-based care for cardiology teams.

Mar 06, 2024almost 2 years ago

Amount Raised

$8 Million

Round Type

seed

WashingtonHealth Care

Investors

City LightAmerican Family VenturesCompany VenturesAlley CorpGeneral Catalyst

Description

Chamber Cardio has secured $8 million in a seed funding round led by General Catalyst, with participation from existing investor AlleyCorp, Company Ventures, American Family Ventures, and CityLight. The company will use the funds to scale its operations and expand into new geographies.

Company Information

Company

Chamber Cardio

Location

Washington, Washington, United States

About

Chamber Cardio enables cardiology practices and providers to make the transition to value-based care, ensuring that they are compensated for delivering the right care at the right time. Chamber Cardio distinguishes itself by offering its technology platform, contracting services and care team support in the transition to value-based care. Our data-enabled platform fully integrates to provide patient insights and enable comprehensive patient care, unlocking new revenue streams for practices and generating health plan savings while also improving patient outcomes, ensuring a win-win scenario for all.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers