Collective Health unites investors in $110m round

Mar 1, 2018 • Thierry Heles

Existing investor GV returned to take part in a $110m round for the healthcare management software provider that included strategic partner Sun Life Financial.

US-based health management system developer Collective Health raised $110m in funding yesterday from a consortium featuring GV, the early-stage investment arm of internet and technology conglomerate Alphabet.

Financial services firm Sun Life Financial also took part, as did Mubadala Ventures, the $400m vehicle established by telecommunications group SoftBank and Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, in October 2017.

The round was filled out by venture capital firms New Enterprise Associates (NEA), Founders Fund and Maverick Ventures.

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