Amino Health, a San Francisco, CA-based digital healthcare guidance company, has announced $80 million in equity and debt financing led by Transformation Capital and Oxford Finance LLC.
The funding will fuel Amino's continued growth, product innovation, and ability to facilitate deep integrations with enterprise partners to support more patients at scale.
The funding underscores the success of Amino Health's proven model, which guides members to high-quality, cost-effective care through their unique health plans and benefits, and enables the company to scale its technology and continue its strong growth trajectory.
The company connects members to high-value providers and facilities at three times the rate of the baseline population, influencing cost savings, increasing member satisfaction, and improving health outcomes.
“While healthcare has evolved significantly over the last 10 years, Amino Health has remained steadfast in our commitment to the needs of patients by empowering them with the information necessary to make informed healthcare decisions,” said David Vivero, CEO and co-founder of Amino Health. “This investment and financing validates our core belief that putting people first has value in healthcare, and the need for pioneering technology solutions that support this endeavor is not only important – it’s imperative. In a crowded, highly regulated market, this funding will fuel Amino’s continued growth, product innovation, and ability to facilitate deep integrations with enterprise partners to support more patients at scale.”
Mike Dixon, managing partner at Transformation Capital, will join Amino Health’s Board of Directors.
Company: Amino Inc.
Raised: $80.0M
Round: Equity and Debt Funding
Funding Month: May 2023
Lead Investors: Transformation Capital and Oxford Finance LLC
Additional Investors:
Company Website: https://partners.amino.com/
Software Category: Healthcare Analytics Software
About the Company: Amino Health is a data-driven healthcare guidance platform that connects people with high-quality, cost-effective providers and benefits programs in context across the healthcare ecosystem. With more than 26 billion healthcare claims used to inform its actionable healthcare recommendations, Amino Health reduces wasteful claims spending, streamlines care routing, increases care quality, and improves care outcomes for plan sponsors and members.
Source: https://www.businesswire.com/news/home/20230511005206/en/Amino-Health-Secures-80-Million-in-Financing-to-Accelerate-Growth-and-Product-Innovation