MedCity News June 3, 2024
Marissa Plescia

Here is a list of some of the biggest funding rounds in the payer/employer space that were announced in May.

This roundup is meant to highlight some of the most notable funding rounds of the month and is not intended to be comprehensive.

Several major fundraising announcements in the payer/employer space were announced in May. Here is a list of some of the biggest funding rounds:

Transcarent raises $126 million in Series D funding

San Francisco-based Transcarent serves self-insured employers and provides services for everyday health, pharmacy, behavioral health, surgery and oncology.

The company’s funding round was led by General Catalyst and 7wireVentures and included participation from Geodesic Capital and Memorial Hermann Health System. In total, the company has raised...

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