GV-backed Aledade has secured series D funding at a $2.2bn post-money valuation to build out the business model for its primary care network.
Aledade, a US-based primary healthcare practice network backed by internet and technology group Alphabet, closed a $100m series D round on Tuesday led by venture capital firm Meritech Capital Partners.
The round was also backed by Omers Growth Equity, the late-stage investment arm of pension fund manager Omers, in addition to hedge fund manager Tiger Global Management and VC firm IVP.
Founded in 2014, Aledade runs an association of 7,800 primary care practices spread across 31 US states that offers…
