Cigna Ventures returned to back an $83.5m round for the kidney care provider that also featured new investor Blue Shield of California.

US-based kidney disease therapy developer Cricket Health has raised $83.5m in series B funding from investors including health insurer Blue Shield of California and healthcare provider Cigna.

Valtruis, an investment platform for private equity firm Welsh, Carson, Anderson & Stowe, led the round, which included Oak HC/FT and K2 HealthVentures, while Cigna participated through its Cigna Ventures subsidiary.

Founded in 2015, Cricket provides speciality care management for patients suffering from chronic kidney and renal diseases. It has built a machine…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.