Commons Clinic Announces $19.5M Series A Financing To Unseat Specialty Care Incumbents With Its New Model For Spinal Care, Orthopedics, And Pain Management
Amount Raised
$19.5 Million
Round Type
series a
Investors
Description
Commons Clinic, the branded, value-based health system offering all-inclusive, expert care for spine, orthopedics, and pain management, today announced its $19.5M Series A financing led by RA Capital Management with participation from existing investors Floating Point and Courtside Ventures as well as new investor Time BioVentures. Today's financing brings Commons Clinic's total funding to $33.5M including investments from industry-pioneering angels such as Elliot Cohen (Co-Founder, Pillpack), Mike West (former CEO, Rothman Orthopedics), and founders from Cityblock Health, CityMD, PatientPing, Elemy and more. This round of financing sees Commons Clinic add two new board members, Prithviraj Singha Roy of RA Capital Management and John Loser of Floating Point, who join Nick Aubin, co-founder and CEO, Paulo da Costa, co-founder and COO, and Bob Badal, co-founder of Strive Health. Commons Clinic is a branded, independent, value-based health system ushering in a new era of service that isn't held hostage by today's stagnant hospital-centric model.