Get the latest industry news first when you subscribe to our daily newsletter.
We will never sell or share your information without your consent. See our privacy policy.
Bald Eagle Gold (TSXV:BIG) Investor Overview investingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investingnews.com Daily Mail and Mail on Sunday newspapers.
Everlywell raises $75M from HealthQuest Capital following its recent $175M Series D round
At-home health testing kit startup Everlywell has raised $75 million, following the close of the $175 million Series D it announced in December. The new funding comes from HealthQuest Capital, and sees the fund’s founder and managing partner Dr. Garheng Kong join the company’s board of directors. Everlywell will use proceeds of this financing to provide liquidity to existing investors, so the startup’s $1.3 billion valuation from December still holds.
HealthQuest Capital’s investment portfolio has a heavy focus on commercialization of diagnostics businesses, and the company’s parent obviously has a board network of partners including hospitals and healthcare payers, both of which are going to be very strategically useful to Everlywell as it looks to scale its business on the enterprise side.