# Iora Health

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

- Industry: Healthcare
- Headquarters: Boston, US
- Website: www.iorahealth.com
- Total disclosed funding: $349M
- Latest round: Series F (Feb 10, 2020)
- Investors on record: 12

## About

Based in Massachusetts, US, and founded in 2010, Iora Health, Inc. is a provider of primary health care services. Rushika Fernandopulle (CEO) and Christopher J. Mckown (Executive Chairman) are the co-founders of the company. In June 2021, 1Life Healthcare, Inc. a portfolio company of Benchmark Capital, Carlyle Group, DAG Ventures, GV, J.P. Morgan Asset Management - Private Equity Group, Maverick Ventures, Oak Investment Partners, Pinnacle Ventures, and Redmile Group acquired the company for USD 2.1 billion. The company employs around 600 employees as of 2020.

The company provides health and wellness classes for adults (patients over 65), including counseling, yoga, and diabetes management. Doctors at Iora see fewer patients and have closer ties with them, and they interact in a variety of methods to provide better care. Patients benefit from improved access to treatment, in-office and out-of-office encounters (e.g., phone, text messages, and email), and rich educational programs. The company also offers a collaborative care platform, enabling patients to access their own healthcare records and share notes and feedback.

Following its acquisition by 1Life Healthcare, Inc., the two firms plan to extend their addressable market to serve more members in more countries with digital and in-person care at every stage of life and develop new capabilities to deliver care in full-risk models.

## Funding rounds

- Series F, Feb 10, 2020, $126M — Temasek Holdings, Polaris Partners, Khosla Ventures, .406 Ventures, F-Prime Capital, Cox Enterprises Inc., PremjiInvest, Flare Capital Partners
- Series E, May 11, 2018, $100M — Temasek Holdings, Polaris Partners, Khosla Ventures, .406 Ventures, F-Prime Capital, Humana Inc, GE Ventures, Flare Capital Partners
- Series D, Sep 30, 2016, $75M — Temasek Holdings, Polaris Partners, Khosla Ventures, .406 Ventures, F-Prime Capital, GE Ventures, Rice Management Company, Flare Capital Partners
- Series C, Sep 16, 2015, $0.2M — Foundation Medical Partners, Khosla Ventures, GE Ventures, Rice Management Company
- Series C, Jan 16, 2015, $28M — Polaris Partners, Khosla Ventures, .406 Ventures, F-Prime Capital, GE Ventures, Rice Management Company, Flare Capital Partners
- Series B, Apr 2, 2013, $14M — Polaris Partners, .406 Ventures, F-Prime Capital
- Series A, Oct 12, 2011, $6.3M — Polaris Partners

## Investors

- Polaris Partners (https://capitalatlas.ai/funds/polaris-partners) — Series A, Series B, Series C, Series D, Series E, Series F
- .406 Ventures (https://capitalatlas.ai/funds/406-ventures) — Series B, Series C, Series D, Series E, Series F
- F-Prime Capital (https://capitalatlas.ai/funds/f-prime-capital) — Series B, Series C, Series D, Series E, Series F
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series C, Series D, Series E, Series F
- GE Ventures — Series C, Series D, Series E
- Rice Management Company — Series C, Series D
- Flare Capital Partners (https://capitalatlas.ai/funds/flare-capital-partners) — Series C, Series D, Series E, Series F
- Foundation Medical Partners (https://capitalatlas.ai/funds/foundation-medical-partners) — Series C
- Temasek Holdings — Series D, Series E, Series F
- Humana Inc — Series E
- Cox Enterprises Inc. — Series F
- PremjiInvest (https://capitalatlas.ai/funds/premjiinvest) — Series F