Addiction management services provider Wayspring boosted its overall funding to about $100m in a round featuring Centene, Caresource and existing investor Blue Venture Fund.

US-based addiction mitigation services provider Wayspring received $75m in funding on Tuesday from investors including healthcare services provider Centene and health insurance provider CareSource, rebranding from AxialHealthcare in the process.

Healthcare investment firm Valtruis led the round, which was filled out by Blue Venture Fund, the corporate venturing vehicle representing 35 Blue Cross Blue Shield health insurers, as well as HLM Venture Partners, Highmark Ventures, .406 Ventures and Oak HC/FT.

Wayspring’s platform helps healthcare providers manage their patients’ risk of…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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