Wider Circle Raises $38M In Series B Funding Round Led By Amerihealth Caritas

Sep 29, 2021•almost 4 years ago

Amount Raised

$38 Million

Round Type

series b

Redwood

Description

Wider Circle, an innovative tech-enabled community health organization working with health plans and providers to connect neighbors for better health, today announced it has closed a $38m Series B funding round led by AmeriHealth Caritas, a national leader in Medicaid managed care and other solutions for those most in need. The AmeriHealth Caritas investment was made through the company's new wholly owned subsidiary, Social Determinants of Life, Inc. Blue Venture Fund, Chicago Ventures and other previous investors also participated in the round, which Wider Circle will use to build out its national infrastructure, team and technology to support its expansion plans.

Company Information

Company

Wider Circle

Location

Redwood, Minnesota, United States

About

Wider Circle works with health plans nationally to deliver unique hyper-local care programs that connect neighbors for better health. The company's trusted delivery network has been proven to drive resilience, improve member experience and engagement and reduce hospitalizations. Today, Wider Circle offers its innovative programs to more than 320 communities nationwide, including specialized COVID-19 support for vulnerable populations in isolation and peer-to-peer community support. To learn more, please visit www.widercircle.com. SOURCE Wider Circle

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech