Watershed Health, a New Orleans, LA-based healthcare technology company focused on improving patient care coordination, raised $13.6 million in funding.
Investors
The round was led by First Trust Capital Partners, with participation from prominent investors such as FCA Venture Partners, Create Health Ventures, Impact Engine, 450 Ventures, LDH Ventures II/Launchpad Digital Health, MassMutual Ventures, Capstar Partners, and Wanxiang Healthcare Investments.
Founded in 2005, First Trust Capital Partners is a venture capital firm based in Wheaton, Illinois. The firm seeks to invest in companies operating in the financial services and healthcare technology sectors.
Watershed Health Use of Funds
The company plans to use funds to meet the growing demand for its care coordination platform across the United States.
About Watershed Health
Watershed Health is a healthcare technology company, offering a real-time care coordination Software-as-a-Service (SaaS) platform. Its platform facilitates seamless communication and collaboration among healthcare providers, aiming to reduce costs, enhance quality of care, and improve patient outcomes. It was founded in 2013 and is based in New Orleans, Louisiana.
Funding Details
Company: Watershed Health
Raised: $13.6M
Round: Unknown
Lead Investors: First Trust Capital Partners
Additional Investors: FCA Venture Partners, Create Health Ventures, Impact Engine, 450 Ventures, LDH Ventures II/Launchpad Digital Health, MassMutual Ventures, Capstar Partners, Wanxiang Healthcare Investments
Company Website: https://watershedhealth.com/
Software Category: Care Coordination
Source: https://fintech.global/2024/05/20/watershed-health-secures-13-6m-funding-round-to-revolutionise-healthcare-coordination/