Cigna Ventures led a round disclosed by the musculoskeletal recovery services provider as it rebrands from Trainer Rx.
US-based musculoskeletal recovery plan provider Trainer Rx has rebranded to RecoveryOne having raised $12m in a funding round led by Cigna Ventures, healthcare services provider Cigna’s strategic investment arm.
Digital healthcare investment firm 7Wire Ventures also contributed to the round along with unnamed members of RecoveryOne’s management team.
RecoveryOne offers personalised recovery plans for musculoskeletal conditions in partnership with care providers. It is now expanding that model to include partnerships with health insurance plans.
The company identified 7Wire Ventures as…