Home care optimisation company Contessa Health has raised new funding from a consortium including Marshfield Clinic Health System and BlueCross BlueShield Venture Partners.
US-based home care management software provider Contessa Health secured $7m yesterday from investors including health insurer Blue Cross Blue Shield Association and care provider Marshfield Clinic Health System.
Venture capital firm Noro-Moseley Partners led the round, which was also backed by Martin Ventures, Sandbox Advantage Fund and Nashville Capital Network. Blue Cross Blue Shield invested through its corporate venturing arm, BlueCross BlueShield Venture Partners.
Contessa provides home care for conditions that would ordinarily require hospitalisation, with prospective bundled payments being…