MedCity News March 7, 2025
Marissa Plescia

GEM HEALTH’s Series A round was co-led by HealthTrend Capital and LFE Capital and included participation from existing investors Base10 Partners and Mairs & Power Venture Capital.

GEM HEALTH, a virtual sleep care company, has raised $7 million in Series A funding, which will help the startup expand its sleep services, it announced on Tuesday.

Minneapolis, Minnesota-based GEM HEALTH treats patients in all 50 states and is in network with multiple health plans, including UnitedHealthcare, MultiPlan, Aetna and Surest. The company offers virtual visits, at-home testing, diagnosis, prescribing, durable medical equipment, coaching and patient monitoring. Its first product is called GEM SLEEP and supports people with obstructive sleep apnea.

The Series A round was co-led by HealthTrend Capital and...

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