October 2, 2023 8:23 am
Summus, a virtual specialty care enterprise, secures $19.5M in funding, alongside other investments in the digital wellness sector.

Virtual specialty care platform Summus has raised $19.five million in funding, bringing its total raise to $70 million. The New York-primarily based enterprise gives a virtual care platform focused on specialty care, supplying 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 give virtual physical exercise applications aimed at stopping falls, growing physical activity, and minimizing musculoskeletal discomfort and disability. The funds will be applied to expand Bold’s physical exercise offerings and assistance 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 method to preventive healthcare for older adults. She highlighted the value of revolutionary, proof-primarily based options like Bold as the nation’s population continues to age and Medicare fees rise. Abramson believes that Bold’s method will drive worth across the healthcare program, benefiting members, providers, and payers alike.

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