Coatue Bet Values Digital Health Startup Cadence at $1 Billion
Chris Altchek
Source: Saskia Uppenkamp/CadenceThis article is for subscribers only.
Cadence, a digital health-care startup that specializes in virtual patient monitoring, reached a $1 billion valuation after raising $100 million in an equity funding round led by Coatue Management.
Other participating investors include General Catalyst, Thrive Capital, former Trump administration official Adam Boehler, and NBA player Mason Plumlee’s Free Solo Ventures, Cadence founder and Chief Executive Officer Chris Altchek said in an interview.