# Cricket Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cricket-health

- Industry: Healthcare IT
- Headquarters: San Francisco, US
- Website: www.crickethealth.com
- Total disclosed funding: $110M
- Latest round: Series B (Aug 5, 2021)
- Investors on record: 16

## About

Cricket Health, Inc. is a US-based company dedicated to providing innovative kidney care solutions aimed at enhancing patient outcomes and reducing healthcare costs for payers through value-based care models.Cricket Health, Inc. specializes in value-based kidney care solutions, providing coordinated networks that support patients with kidney disease. Founded in 2015 in San Francisco, US by James Chaukos, the company has undergone successful funding rounds, including a Series B raise of USD 83.50 mn in August 2021 led by Valtruis, with participation from Blue Shield of California, Cigna Ventures, K2 HealthVentures, and Oak HC/FT Partners. The total amount raised by the company stands at USD 83.50 mn, with a current valuation of USD 247.89 mn.Cricket Health primarily offers value-based kidney care solutions focused on improving patient outcomes while driving down costs for payers. Their product offerings include a coordinated network involving nephrologists, primary care providers, and dialysis centers. This integrated approach is designed to address the complexities of kidney disease through comprehensive patient care and provider engagement. Services include predictive analytics and a multidisciplinary team comprising nurses, renal dietitians, and social workers to enhance patient involvement and care effectiveness, reaching clients across all 50 states and over 2,600 dialysis clinics.Cricket Health operates under a revenue model that emphasizes partnerships aimed at promoting value-based care, designed to generate notable savings per member per month for clients. While specific pricing structures are not disclosed, the company's services aim to lower medical costs and fill care gaps, benefiting both payers and patients. Revenue is generated through contracts with payers and healthcare organizations, which typically involve service fees related to patient population management.In August 2021, Cricket Health, Inc. raised USD 83.50 mn in Series B funding to bolster the demand for their kidney care model across the United States. The funding will be utilized to expand their service offerings and support the growing need for comprehensive kidney disease management. Cricket Health plans to enhance its existing products and explore new market opportunities, aiming to broaden its reach within the healthcare sector by targeting additional partnerships and regions across the country.

## Funding rounds

- Series B, Aug 5, 2021, $84M — Oak HC/FT, Cigna Ventures, Blue Shield of California, K2 HealthVentures, Valtruis
- Series A, Aug 21, 2018, $24M — Cigna Investment Management, Aberdare Ventures, First Round Capital, BoxGroup, Seven Peaks Ventures, iSeed Ventures, Oak HC/FT, Liquid 2 Ventures, LifeForce Capital, Nexus Ventures
- Seed, Dec 11, 2017 — iSeed Ventures
- Seed, Oct 31, 2016, $2.5M — First Round Capital, Nexus Venture Partners, BoxGroup, Seven Peaks Ventures, NFX
- Seed, May 30, 2015, $0.1M — NFX

## Investors

- NFX (https://capitalatlas.ai/funds/nfx) — Seed
- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed, Series A
- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Seed
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed, Series A
- Seven Peaks Ventures (https://capitalatlas.ai/funds/seven-peaks-ventures) — Seed, Series A
- iSeed Ventures (https://capitalatlas.ai/funds/iseed-ventures) — Seed, Series A
- Cigna Investment Management (https://capitalatlas.ai/funds/cigna-investment-management) — Series A
- Aberdare Ventures (https://capitalatlas.ai/funds/aberdare-ventures) — Series A
- Oak HC/FT (https://capitalatlas.ai/funds/oak-hc-ft) — Series A, Series B
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Series A
- LifeForce Capital (https://capitalatlas.ai/funds/lifeforce-capital) — Series A
- Nexus Ventures — Series A
- Cigna Ventures (https://capitalatlas.ai/funds/cigna-ventures) — Series B
- Blue Shield of California — Series B
- K2 HealthVentures (https://capitalatlas.ai/funds/k2-healthventures) — Series B
- Valtruis — Series B