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Iora Health is set to accelerate growth after major funding round - Business Insider

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Iora's $126 million score is the latest in a series funding activity that's recently picked up in the primary care startup space

Iora's ability to provide more efficient senior care is likely what made it an attractive partner to major payers including UnitedHealthcare, Humana, and Aetna, which are looking for ways to clamp down on their share of chronic disease spending: An uptick in investor appetite for primary care entrants could send a vote of confidence to payers, and we could see more tie-ups among large insurers and startups operating in the entrenched primary care space.

Iora's $126 million score is the latest in a series funding activity that's recently picked up in the primary care startup space: In October 2019, New York-based Parsley Health snagged in a Series B funding round to help its efforts in launching a telemedicine service to reach a larger pool of patients beyond those it served at its brick-and-mortar clinics in New York, Los Angeles, and San Francisco.

 

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