Remote Care Startup K Health Valued at Over $1.4 Billion
- Firm raises $132 million led by GGV Capital and Valor
- About 4 million U.S. users have accessed the AI-powered app
Source: K Health
This article is for subscribers only.
K Health raised $132 million in a funding round led by GGV Capital and Valor Equity Partners after the Covid-19 pandemic led to a surge in use for remote health-care apps.
The New York-based firm was valued at $1.4 billion just before securing the new funds, Chief Executive Officer Allon Bloch said in an interview. Kaiser Permanente’s pension fund and LTS Investments also invested.