The Stanford StartX-backed healthcare administration platform developer raised series C financing that took its overall funding to $160m.

Luma Health, a US-based patient communication software developer that counts Stanford-StartX Fund, among its investors, has received $130m in series C funding.

The round was led by growth equity firm FTV Capital and included unnamed existing investors. It increased the company’s overall funding to $160m.

Luma offers a mobile platform that allows healthcare providers to centralise and automate scheduling and communication with patients. The app helps patients find healthcare services and book and manage their medical appointments, and it is currently used by more than 550 health systems, hospitals, health centres and clinics across the US.

The company raised $16m in an August 2019 round led by growth equity firm PeakSpan Capital that included InHealth Ventures, a venture capital affiliate of medical diagnostics provider InHealth Group, as well as healthcare provider Texas Medical Center, networking equipment manufacturer Cisco unit Cisco Investments and VC firm US Venture Partners (USVP).

Luma…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?