# Watershed Health

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

- Industry: Software
- Headquarters: New Orleans, US
- Website: www.watershedhealth.com
- Total disclosed funding: $14M
- Latest round: Seed (May 14, 2024)
- Investors on record: 9

## About

Founded in 2013 and based in Louisiana, US, Watershed Health, Inc. operates as a medical technology company that offers software-as-a-service to improve collaboration, communication, and care coordination in the healthcare industry. In May 2024, Watershed Health, Inc. raised USD 13.6 million in venture funding led by First Trust Capital Partners, including FCA Venture Partners, Create Health Ventures, The Impact Engine, 450 Ventures, Launchpad Digital Health, Capstar Partners, Wanxiang Healthcare Investments, and MassMutual Ventures. As of 2024, the company is led by its CEO, Chip Grant.

The company provides a community-wide care coordination platform that is designed to enhance healthcare connectivity and improve patient outcomes. Watershed Health facilitates communication and collaboration by connecting different stakeholders, such as health plans, hospitals, post-acute care institutions, primary care practitioners, and community-based organisations, through integration with existing healthcare technologies and systems. This network allows for streamlined data sharing and improved care coordination. The firm’s platform's key features include patient-centric health records, real-time data sharing, advanced data analytics, care coordination metrics, social determinants of health, and integration.

The organization plans to use the May 2024 funding to hire additional staff and meet the demand of payers and providers for its real-time care coordination SaaS platform.

## Funding rounds

- Seed, May 14, 2024, $14M — Capstar Partners, MassMutual Ventures, Launchpad Digital Health, Impact Engine, Wanxiang Healthcare Investments, First Trust Capital Management, FCA Venture Partners, 450 Ventures, Create Health Ventures

## Investors

- Capstar Partners (https://capitalatlas.ai/funds/capstar-partners) — Seed
- MassMutual Ventures (https://capitalatlas.ai/funds/massmutual-ventures) — Seed
- Launchpad Digital Health (https://capitalatlas.ai/funds/launchpad-digital-health) — Seed
- Impact Engine (https://capitalatlas.ai/funds/impact-engine) — Seed
- Wanxiang Healthcare Investments (https://capitalatlas.ai/funds/wanxiang-healthcare-investments) — Seed
- First Trust Capital Management — Seed
- FCA Venture Partners (https://capitalatlas.ai/funds/fca-venture-partners) — Seed
- 450 Ventures — Seed
- Create Health Ventures (https://capitalatlas.ai/funds/create-health-ventures) — Seed