# Privia Health

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

- Industry: Healthcare IT
- Headquarters: Alexandria, US
- Website: www.priviahealth.com
- Total disclosed funding: $12M
- Latest round: Series B (Apr 17, 2012)
- Investors on record: 1

## About

Privia Health, LLC is a US-based healthcare organization focused on enhancing patient-provider relationships through advanced technology and comprehensive healthcare solutions, optimizing care delivery across diverse patient populations.Founded in 2007 and headquartered in Alexandria, US, Privia Health, LLC is a physician organization that integrates healthcare solutions to improve patient care. The company has raised a total of USD 12.30 mn through various funding rounds, with the most recent funding being an ADD-ON round, raised on April 28, 2021, amounting to USD 400.00 mn from Brighton Health Group. The firm has completed 7 deals to date.Privia Health provides a robust suite of healthcare solutions aimed at enhancing the patient-provider experience. Their offerings include a physician-focused platform with features like on-demand virtual care, appointment reminders, prescription refills, and personalized wellness programs. The company caters to a wide array of clients, including physicians, health systems, payers, and employers, operating across multiple states including Arizona, North Carolina, Delaware, and California.In 2024, Privia Health reported revenues of USD 1.74 bn and an EBITDA of USD 27.18 mn for the year 2023. Their revenue model focuses on value-based care, where compensation is tied to the quality of care provided, including subscription fees and potential shared savings from their accountable care organizations (ACOs).Privia Health is strategically positioning itself for future growth with plans to launch new healthcare products designed to further enhance care delivery. They are targeting expansion into new markets across the United States, with specific emphasis on increasing their presence in regions where they currently operate. The funding raised in their recent ADD-ON round will support these growth initiatives, enabling the company to enhance their technology and service offerings. In April 2021, the company also executed an IPO, raising USD 448.50 mn by selling 19.5 million shares at USD 23 per share on the Nasdaq Stock Market.

## Funding rounds

- Series B, Apr 17, 2012, $12M — Health Enterprise Partners

## Investors

- Health Enterprise Partners (https://capitalatlas.ai/funds/health-enterprise-partners) — Series B