The Blue Cross and Blue Shield Association-backed healthcare provider raised the cash in a series C round led by venture capital and private equity fund Oak HC/FT.

Aspire Health, a US-based palliative care provider backed by health insurance group Blue Cross and Blue Shield Association, secured $15m on Monday in a series C round led by Oak HC/FT.

The company did not disclose the identity of the investors that joined venture capital and private equity fund Oak HC/FT in the round.

Aspire runs 11 specialised palliative care practices that provide home and outpatient-based care for patients suffering from serious illnesses, operating across US 16 cities in seven…