Grand Rounds, an online healthcare assistant to employees at self-insured corporations like Walmart and The Home Depot, just raised $175 million led by private-equity giant The Carlyle Group.
Tripp spoke with us alongside Carlyle dealmaker Robert Schmidt, who is joining Grand Rounds board of directors. Today, the company counts 6 million members, but he said that's still a fraction of the 105 million Americans covered under self-insured health plans. "Our capital is really meant to be able to continue to fund what the company is already doing and maybe accelerate growth," said Robert Schmidt, the lead Carlyle investor who is joining the company's board of directors.
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