MedCity News February 10, 2022
Ada Health closed its Series B round after a $30 million extension round. International investors Farallon Capital, Red River West and Bertelsmann Investments provided the additional funds. This follows an initial Series B raise of $90 million last May, which was led by Bayer’s investment arm.
Berlin-based Ada Health announced Thursday that it has tacked on another $30 million to its fund-raising efforts, which will help the digital health company increase its presence in the U.S.
Ada Health closed its Series B round at $120 million including the $30 million extension round. International investors Farallon Capital, Red River West and Bertelsmann Investments provided the additional funds, according to the company.
This follows an initial Series B raise of $90 million...
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