Cadence joined the Unicorn Club on December 10, 2021, after raising a $103 million Series B funding round led by Coatue, valuing the company at $1 billion. Headquartered in New York City, United States, Cadence is a digital remote care platform that helps patients manage chronic conditions at home while empowering healthcare providers to deliver personalized, continuous care on a large scale. The company has raised $144 million to date and employs between 11 and 50 people (as of July 2025).
Keep reading to learn how Cadence has became a fast-growing innovator in remote patient monitoring and digital healthcare.
What Is Cadence and What Does It Do?
Founded in 2020, Cadence offers a technology-driven remote care platform that connects healthcare providers with patients managing chronic conditions such as hypertension, diabetes, and heart disease. The platform gathers continuous data from connected medical devices, including vital signs and wellness indicators, and integrates it with each patient’s medical history to create personalized daily care plans.
The system enables care teams to monitor patient health in real-time, respond proactively to concerning trends, and deliver timely interventions without requiring hospital visits. Cadence also provides tools for patient education, clinical decision support, and workflow automation, improving coordination across healthcare providers.
Its platform is designed to reduce the burden on hospitals and physicians while enhancing patient engagement and outcomes. Through advanced analytics and AI-driven insights, Cadence provides a more scalable and efficient model of chronic care management. The company’s approach bridges the gap between telehealth and continuous care, enabling clinicians to extend quality healthcare into patients’ homes.
How Much Funding Has Cadence Raised?
- Series B
- Amount Raised: $103M
- Date: December 10, 2021
- Lead Investor: Coatue
- Valuation: $1B
- Purpose: Expand platform capabilities, enhance remote monitoring technologies, and scale partnerships with major health systems across the U.S.
- Series A
- Amount Raised: $41M
- Date: August 2021
- Lead Investors: Thrive Capital, General Catalyst
- Purpose: Develop clinical workflow tools, enhance AI-based monitoring, and recruit medical and engineering talent.
Total Funding Raised: $144M
Latest Funding Date: December 10, 2021
Latest Valuation: $1B
Employee Count: 11–50 (as of July 16, 2025)
Key Investors
- Coatue Management
- Details: Global investment firm with a focus on technology and healthcare innovation.
- Focus Areas: Digital health, AI platforms, and scalable software solutions for data-driven care.
- Thrive Capital
- Details: Venture capital firm investing in early- and growth-stage companies transforming major industries.
- Focus Areas: Healthtech, fintech, and consumer technology.
- General Catalyst
- Details: Leading venture firm with a strong portfolio in healthcare innovation and digital infrastructure.
- Focus Areas: Health system transformation, patient engagement, and optimizing healthcare delivery.
Where Is Cadence’s Headquarters?
Cadence is headquartered in New York City, New York (United States), with operations and clinical partnerships extending across the United States. Its leadership team comprises experts from healthcare, software engineering, and data analytics, collaborating to advance scalable care delivery models. The company’s hybrid approach combines medical expertise with technology innovation to transform how chronic care is managed remotely.
What’s Next for Cadence?
Cadence is focusing on expanding its remote patient monitoring ecosystem to include additional chronic and post-acute care conditions. The company aims to deepen its partnerships with health systems, payers, and providers, enabling more integrated care delivery.
Future initiatives include enhancing its AI-driven predictive analytics, improving clinical workflow automation, and developing personalized patient engagement programs. By bridging in-home health data with clinical decision-making, Cadence seeks to redefine how healthcare is delivered, shifting from reactive treatment to proactive, continuous care. With a growing footprint and strong investor backing, Cadence is poised to become a key player in the digital health revolution.
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