AI-powered Health Coach Lark Health Raises $100 Million in Series D  

by Kay Aloha Villamor in October 14th, 2021

Lark Health, a Mountain View, California-based provider of chronic disease prevention and management programs, raised $100 million in a Series D funding round.

The round was led by Deerfield Management Company, included participation from crossover fund PFM Health Sciences, Franklin Templeton, King River Capital, Castlepeak, IPD, Olive Tree Capital, and Marvell Technology Co-founder Weili Dai participated as returning investors.

Lark plans to use the funds to expand its virtual care integrations to more payers. 

Company: Lark Health

Raised: $100.0M

Round: Series D

Funding Month: October 2021

Lead Investors: Deerfield Management Company

Additional Investors: PFM Health Sciences, Franklin Templeton, King River Capital, Castlepeak, IPD, Olive Tree Capital, and Weili Dai

Company Website: https://www.lark.com/

Software Category: AI-powered Health coach

About the Company: Lark is a healthcare technology company aimed at delivering infinitely scalable, virtual chronic and preventative healthcare through conversational AI. To date, Lark has provided nearly 2 million people with unlimited, 24/7 personalized care delivered through an easy-to-use, text message-like interface that integrates remote patient monitoring tools and is built on a cognitive behavioral therapy framework. Lark's platform seamlessly integrates with health plans' and employers' existing healthcare infrastructure to help them scale their chronic disease prevention and management programs, boost engagement, and improve health outcomes.

Source: https://medcitynews.com/2021/10/lark-health-nabs-100m-to-pour-into-ai-health-coaching-platform/ https://www.prnewswire.com/news-releases/lark-health-raises-100-million-series-d-funding-round-led-by-deerfield-management-301398635.html

 


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