StartUp Health July 28, 2021

Conversa Health, a virtual care platform backed by StartUp Health in 2014, announced today that it will be acquired by Amwell, a national telehealth leader (NYSE: AMWL). The deal, which also includes the purchase of SilverCloud Health, is priced at approximately $320 million.

Eight years ago, West Shell III and Phil Marshall, MD, MPH, founded Conversa with the vision of improving health outcomes and lowering costs by improving communication between patients and providers between visits. They built a platform that used automated, text-based chat to check in on patients, nudge them towards healthy choices, and escalate their care when necessary. That health moonshot vision, which StartUp Health backed in 2014, is poised for rapid expansion thanks to today’s announcement that Amwell,...

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Topics: Digital Health, Health IT, Investments, Mergers & Acquisitions / JV, Technology, Telehealth, Trends
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