Virtual specialty care platform Summus has raised $19.five million in funding, bringing its total raise to $70 million. The New York-primarily based business gives a virtual care platform focused on specialty care, delivering employers, wellness plans, hospitals, and healthcare groups with access to a specialist network. The funding will be applied to scale the company’s development and innovation. Final year, Summus received a $22 million strategic investment from the Glenstone Foundation and Mitchell Rales, the cofounder and executive committee chairman of Danaher Corporation.
Healthier aging platform Bold has also secured funding, raising $17 million in a Series A round led by Rethink Influence. This brings its total raise to $27 million. Bold partners with Medicare plans and providers to present virtual workout applications aimed at stopping falls, growing physical activity, and decreasing musculoskeletal discomfort and disability. The funds will be applied to expand Bold’s workout offerings and help its expansion with national and regional provider groups and Medicare plans. Jenny Abramson, founder and managing companion of Rethink Influence, will join Bold’s board of directors.
Abramson praised Bold for its revolutionary strategy to preventive healthcare for older adults. She highlighted the significance of revolutionary, proof-primarily based options like Bold as the nation’s population continues to age and Medicare charges rise. Abramson believes that Bold’s strategy will drive worth across the healthcare method, benefiting members, providers, and payers alike.