Fundz

Pair Team Raises $9 Million Series A To Expand Access To Health Care Services For Medicaid's Most Vulnerable Patients

PRIVATEOct 19, 2023

Amount Raised

$9 Million

Round Type

Series A

San FranciscoMobileHealth Care

Investors

Jay DesaiY CombinatorKleiner PerkinsKapor CapitalPTX CapitalNext Ventures

Description

Pair Team, a virtual and community-based primary care solution connecting Medicaid's highest-risk patients to high-quality care, today announced it has raised $9 million in Series A funding. The financing was led by NEXT VENTURES, with participation from PTX Capital, Kapor Capital, Kleiner Perkins, Y Combinator, and several notable healthcare angel investors including Jay Desai. The funding will be used to help Pair Team accelerate its expansion across California by enabling the company to grow its network of safety net organizations and scale its current team to support additional patients.

Quick answer

Pair Team raised $9 Million in a Series A round, dated October 19, 2023. Investors: Jay Desai, Y Combinator, Kleiner Perkins, Kapor Capital, PTX Capital and Next Ventures. Pair Team is based in San Francisco, California, United States.

How much did Pair Team raise?
Pair Team raised $9 Million in a Series A round on October 19, 2023.
Who invested in Pair Team?
Jay Desai, Y Combinator, Kleiner Perkins, Kapor Capital, PTX Capital and Next Ventures are named as investors in this round.
What does Pair Team do?
Pair Team is the first tech-enabled care team that empowers community health centers to better meet the needs of their Medicaid and underserved communities.
Where is Pair Team based and how big is it?
Pair Team is based in San Francisco, California, United States.
Who are the decision-makers at Pair Team?
Fundz holds 1 contact at Pair Team. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Mobile and Health Care around the same time

Companies in the same sectors as Pair Team that raised within 45 days of this round, from Fundz verified event records.

  • Bright Uro raised an undisclosed amount (Funding Round) on November 30, 2023.
  • Bright Uro raised $29M on November 14, 2023.
  • Akura Medical raised $35M (Series B) on October 3, 2023.
  • Holmusk raised $30M on September 29, 2023.
  • Akura Medical raised $18M on September 26, 2023.
  • Zyla Health raised $4M (Seed) on December 1, 2023.

Who to call at Pair Team, and when

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Company Information

Company

Pair Team

Location

San Francisco, California, United States

About

Pair Team is the first tech-enabled care team that empowers community health centers to better meet the needs of their Medicaid and underserved communities. The company acts as an extension of the clinical staff to provide a personalized, high-touch care experience while addressing patients' barriers to care such as lack of transportation, housing/food insecurity and mobile phone access. Internally, Pair Team is building a unique care delivery platform to ensure clinical best practices integrate care with community-based organizations, and to automate administrative work so that clinicians can focus on their patients.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Pair Team raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.