Health tech startup Color raises $100M at a $4.6B valuation

Health tech startup Color raises $100M at a $4.6B valuation

3 years ago
Anonymous $np3LcwuhSi

https://techcrunch.com/2021/11/09/health-tech-startup-color-raises-100m-at-a-4-6b-valuation/

Health tech startup Color has raised $100 million in Series E funding, bringing the company’s valuation to $4.6 billion. This round means Color has now raised a total of $378 million, with this latest round specifically meant to help the company offer new programs that deliver the last mile of care across healthcare services.

The round was led by Kindred Ventures and by funds managed by T. Rowe Price, along with participation from existing investors including General Catalyst, Viking Global Investors, and Emerson Collective. In January, Color raised $167 million in Series D funding, at a valuation of $1.5 billion. This latest round triples that measure of the company’s worth.

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