Cohere Health Raises $50 Million in Equity to Meet Increased Demand for AI-Driven Transformation of Prior Authorization Process
Amount Raised
$50 Million
Round Type
Venture
BostonBiotechnologyHealth CareArtificial IntelligenceMedicalInvestors
Description
Cohere Health announced it has closed $50 million in additional equity funding led by Deerfield Management, with participation from Define Ventures, Flare Capital Partners, Longitude Capital, and Polaris Partners. The new funding will fuel the company's expansion to meet the increasing demand for Cohere's intelligent prior authorization platform.
Quick answer
Cohere Health raised $50 Million in a funding round, dated February 1, 2024. Investors: Define Ventures, Flare Capital Partners, Longitude Capital, Polaris Partners and Deerfield Management. Cohere Health is based in Boston, Massachusetts, United States.
- How much did Cohere Health raise?
- Cohere Health raised $50 Million in a funding round on February 1, 2024.
- Who invested in Cohere Health?
- Define Ventures, Flare Capital Partners, Longitude Capital, Polaris Partners and Deerfield Management are named as investors in this round.
- What does Cohere Health do?
- Cohere Health is a recognized leader in clinical intelligence and prior authorization automation, dedicated to revolutionizing the healthcare landscape using responsible and ethical AI with deep clinical expertise to..
- Where is Cohere Health based and how big is it?
- Cohere Health is based in Boston, Massachusetts, United States.
Source: Fundz verified event record.
Who else raised in Medical and Biotechnology around the same time
Companies in the same sectors as Cohere Health that raised within 45 days of this round, from Fundz verified event records.
- Elemind raised $12M (Funding Round) on February 6, 2024.
- Vektor Medical raised $16M (Series A) on February 5, 2024.
- Vektor Medical raised $29M on February 2, 2024.
- Nabla raised $24M (Series B) on January 5, 2024.
- ImpriMed raised $23M (Series A) on December 19, 2023.
- Pi Health raised $30M (Series A) on March 14, 2024.
Who to call at Cohere Health, and when
A new round usually means Cohere Health is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Cohere Health raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Cohere Health, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Cohere Health. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Cohere Health raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Cohere Health raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.