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Memora Health Closes $10.5M Financing Led By Andreessen Horowitz To Modernize Care Delivery

May 11, 2021•over 4 years ago

Amount Raised

$10.5 Million

San Francisco

Description

Memora Health, a technology company building an intelligent platform for virtual care delivery, patient navigation, and complex care management, today announced the close of $10.5M in financing led by Andreessen Horowitz. Additional investors including AlleyCorp, Martin Ventures, Kevin Durant and Rich Kleiman's Thirty Five Ventures, Sachin Jain, Operator Partners, Edward Elmhurst Health, B Capital, and Aaron Szekel also participated. As part of the financing, Andreessen Horowitz General Partner Vineeta Agarwala will join the Memora Health board.

Company Information

Company

Memora Health

Location

San Francisco, California, United States

About

Memora Health helps healthcare organizations digitize and automate care journeys, making complex care delivery simple for patients and clinicians to navigate. Memora Health ingests existing data on clinical workflows, converts them into cohesive messaging journeys that guide patients through their care episodes, and automates the completion of simple follow-up tasks in the EHR. Memora's platform reduces care team notifications by nearly 40%, has an average patient NPS over 70, and improves clinical outcomes across various populations. Memora Health is headquartered in San Francisco, CA, with clients and team members around the world. For more information about Memora Health, visit memorahealth.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech