Total amount raised
$183.3 Millions
Latest funding date
Location
Kyruus has successfully raised significant funding over multiple rounds, establishing itself as a key player in the healthcare technology sector. The platform offers a comprehensive care access solution designed to improve healthcare experiences for various stakeholders.
Keep reading to explore the intricacies of Kyruus's fundraising journey and the investors backing this innovative platform.
What Is Kyruus?
Kyruus Health provides a care access platform aimed at improving healthcare experiences by connecting various stakeholders across the care continuum. The platform offers accurate, comprehensive, and contextually relevant information to enhance access to care, inform care decisions, increase transparency, and streamline workflows.
Unfortunately, the founding year, specific location, founders' names, and number of employees were not found in the provided sources. For more detailed information, accessing the actual Crunchbase profile for Kyruus after passing the verification process might be necessary.
How Much Funding Has Kyruus Raised?
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: January 2012
- Lead Investors: Eight Roads Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To establish initial operations and develop the core platform.
- Series B
- Amount Raised: $11M
- Date: January 2013
- Lead Investors: Lux Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and enhance the platform's capabilities.
- Private Equity Round
- Amount Raised: $11.3M
- Date: May 2014
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and increase market penetration.
- Series C
- Amount Raised: $25M
- Date: September 2015
- Lead Investors: New Leaf Venture Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop the platform and expand customer base.
- Series C
- Amount Raised: $4M
- Date: February 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing growth and product development.
- Corporate Round
- Amount Raised: $10M
- Date: April 2018
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance strategic partnerships and expand market reach.
- Corporate Round
- Amount Raised: $4M
- Date: October 2018
- Lead Investors: Salesforce Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To leverage Salesforce's ecosystem for growth and innovation.
- Series D
- Amount Raised: $42M
- Date: January 2020
- Lead Investors: Highland Capital Partners, Venrock
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate platform development and expand into new markets.
- Private Equity Round
- Amount Raised: $30M
- Date: June 2020
- Lead Investors: Francisco Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support healthcare organizations during the COVID-19 pandemic and expand the platform.
- Venture Round
- Amount Raised: $35.1M
- Date: September 2022
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue scaling operations and enhancing the platform.
Total Amount Raised: $172.4M. Current Valuation: Not publicly disclosed.
Key Investors
- Francisco Partners
- Details: Francisco Partners is a leading global private equity firm specializing in technology and technology-enabled businesses. They have raised over $24 billion in committed capital and invested in more than 285 technology companies.
- Investment Focus Areas: Technology, healthcare IT, technology-enabled businesses
- Notable Investments: BeyondTrust, GoodRx, Verifone
- Venrock
- Details: Venrock is a venture capital firm investing in technology and healthcare companies. It has a long history of backing innovative companies that have transformed their industries.
- Investment Focus Areas: Technology, healthcare, energy
- Notable Investments: Apple, Intel, Gilead Sciences
- Highland Capital Partners
- Details: Highland Capital Partners is a venture capital firm focused on early and growth-stage investments. They have a strong track record in technology, healthcare, and consumer sectors.
- Investment Focus Areas: Technology, healthcare, consumer sectors
- Notable Investments: 2U, Inc., Rent the Runway, Scopely
- Providence Ventures
- Details: Providence Ventures is the investment arm of Providence St. Joseph Health. They focus on healthcare technology and services, aiming to improve patient care and operational efficiency.
- Investment Focus Areas: Healthcare technology, healthcare services, digital health
- Notable Investments: Xealth, Kyruus, Wildflower Health
- Partners HealthCare
- Details: Partners HealthCare is a not-for-profit healthcare system that is a major player in the healthcare industry. They are involved in various healthcare services and technology innovations.
- Investment Focus Areas: Healthcare services, healthcare technology, medical research
- Notable Investments: Not publicly disclosed
What's Next for Kyruus?
Kyruus stands at the cusp of significant growth opportunities, driven by its recent $30 million investment from Francisco Partners. This funding will enable Kyruus to expand its platform, broaden its footprint with health systems, and enter new market segments. The healthcare IT landscape is rapidly evolving, with an increased focus on virtual and in-person appointment scheduling, making Kyruus' solutions more relevant than ever.
Future fundraising opportunities are likely, with potential investments from existing backers like Venrock and Highland Capital Partners. These funds could further enhance Kyruus' platform and market reach. However, the company may face challenges such as managing rapid growth, integrating with various EHR systems, and maintaining market leadership amidst increasing competition.
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