How Much Did DispatchHealth Raise? Headquarters, Funding & Key Investors

DispatchHealth, founded in 2013 and headquartered in Denver, Colorado, is a leading in-home healthcare provider that has raised over $700 million across multiple funding rounds, reaching a $1.7 billion valuation in 2022. With a workforce of 1,001–5,000 employees, the company delivers urgent and comprehensive medical care directly to patients’ homes. Backed by major investors including Optum Ventures, Tiger Global, and Humana, DispatchHealth operates nationwide, leveraging technology and mobile medical teams to enhance patient outcomes and reduce reliance on emergency room visits.

How Much Did DispatchHealth Raise? Funding & Key Investors

DispatchHealth has raised significant capital across multiple funding rounds, most recently securing $259 million in October 2022, led by a mix of institutional and corporate investors, at a valuation of $1.7 billion. Founded in 2013, DispatchHealth specializes in delivering urgent and comprehensive medical care directly to patients in their homes through its on-demand healthcare platform.

What Is DispatchHealth and What Does It Do?

DispatchHealth, founded by Mark Prather and Kevin Riddleberger in 2013, is a Denver-based healthcare company focused on providing in-home medical services. The company brings urgent care directly to patients, combining advanced medical technology with mobile healthcare teams.

With a workforce of 1,001–5,000 employees, DispatchHealth operates across multiple states in the U.S., serving patients who need timely care without visiting an emergency room. The platform supports healthcare providers with real-time access to patient records, diagnostics, and follow-up care. By merging technology with mobile care delivery, DispatchHealth enhances patient outcomes, reduces hospital congestion, and delivers a seamless healthcare experience.

How Much Funding Has DispatchHealth Raised?

1. Seed Round

Amount Raised: $3.6M
Date: August 2015
Motivation: To launch the platform and test in-home care services.

2. Series A

Amount Raised: $32M
Date: September 2017
Lead Investors: Alta Partners, Questa Capital, US Acute Care Solutions
Motivation: To expand operations and refine service delivery.

3. Series B

Amount Raised: $33M
Date: May 2019
Lead Investors: Echo Health Ventures, Questa Capital, Alta Partners
Motivation: To scale mobile care teams and technology infrastructure.

4. Series C

Amount Raised: $136M
Date: June 2020
Lead Investors: Optum Ventures, Alta Partners, Echo Health Ventures, Oak HC/FT
Motivation: To grow the network of in-home care services and enhance operational efficiency.

5. Series D

Amount Raised: $200M
Date: March 2021
Lead Investors: Tiger Global Management, Alta Partners, Echo Health Ventures, Oak HC/FT, Questa Capital
Motivation: To expand into new markets and strengthen nationwide presence.

6. Series D (Follow-up)

Amount Raised: $259M
Date: October 2022
Lead Investors: Optum Ventures, Echo Health Ventures, Questa Capital, Adams Street Partners, The Olayan Group, Pegasus Tech Ventures, Oak HC/FT, K2 HealthVentures; Corporate: Humana, SVB, Blue Shield of California
Motivation: To further scale operations and enhance mobile healthcare delivery.

7. Conventional Debt

Amount Raised: $75M
Date: October 2022
Lead Investors: SVB Capital, K2 HealthVentures; Corporate: SVB
Motivation: To support ongoing operations and growth initiatives.

Total Funding Raised: $700 Million

Current Valuation: $1.7 Billion (as of October 2022)

Latest Funding Date: October 2022

Key Investors

1. Tiger Global Management

Details: Global investment firm supporting high-growth technology and healthcare companies.
Investment Focus Areas: Technology, healthcare, growth-stage ventures.
Notable Investments: DispatchHealth, Stripe, ByteDance.

2. Echo Health Ventures

Details: Venture capital firm focused on innovative healthcare solutions that improve access and outcomes.
Investment Focus Areas: Healthcare technology, mobile care, digital health.
Notable Investments: DispatchHealth, Oak Street Health, Quartet Health.

3. Alta Partners

Details: Venture capital firm investing in healthcare and life sciences companies.
Investment Focus Areas: Biotechnology, healthcare services, and medical devices.
Notable Investments: DispatchHealth, Denali Therapeutics, Unity Biotechnology.

4. Questa Capital

Details: Institutional investment firm supporting healthcare and technology ventures.
Investment Focus Areas: Growth-stage healthcare companies, technology-enabled solutions.
Notable Investments: DispatchHealth, Doctor On Demand, WellSky.

5. Optum Ventures

Details: Investment arm of Optum, focusing on innovation in healthcare delivery and technology.
Investment Focus Areas: Healthcare technology, health services, data-driven solutions.
Notable Investments: DispatchHealth, Cohere Health, Healthify.

6. Adams Street Partners

Details: Global private markets investment firm supporting diversified sectors.
Investment Focus Areas: Healthcare, technology, growth equity.
Notable Investments: DispatchHealth, Cerner, Bright Health.

7. The Olayan Group

Details: International corporate investor with diversified holdings across multiple sectors.
Investment Focus Areas: Healthcare, finance, technology.
Notable Investments: DispatchHealth, Philips, Medtronic.

8. Pegasus Tech Ventures

Details: Venture capital firm supporting startups in technology and healthcare.
Investment Focus Areas: Mobility, health tech, enterprise software.
Notable Investments: DispatchHealth, Via, Homeis.

9. Oak HC/FT

Details: Private equity and venture firm investing in healthcare and fintech sectors.
Investment Focus Areas: Healthcare services, technology, financial services.
Notable Investments: DispatchHealth, Collective Health, WellSky.

10. K2 HealthVentures

Details: Institutional investor targeting high-growth healthcare companies.
Investment Focus Areas: Health technology, digital health, care delivery.
Notable Investments: DispatchHealth, Lyra Health, Bright Health.

11. Humana

Details: Health insurance company providing strategic support and investment.
Investment Focus Areas: Health services, insurance, care delivery.
Notable Investments: DispatchHealth, Signify Health, One Medical.

12. SVB / SVB Capital

Details: Provides debt and equity financing for growth-stage companies in technology and healthcare.
Investment Focus Areas: Fintech, HealthTech, and Enterprise Software.
Notable Investments: DispatchHealth, Ginkgo Bioworks, Toast.

13. Blue Shield of California

Details: Corporate investor supporting innovative healthcare solutions and services.
Investment Focus Areas: Health insurance, digital health, care delivery.
Notable Investments: DispatchHealth, Clover Health, Devoted Health.

Where Is DispatchHealth’s Headquarters?

DispatchHealth is headquartered at 3455 Ringsby Ct, Suite 101-C, in Denver, Colorado. This central hub manages administrative, corporate, and strategic operations for the company’s nationwide network.

DispatchHealth coordinates its mobile medical teams, technology initiatives, and logistical planning to ensure high-quality, timely in-home care for patients nationwide.

What’s Next for DispatchHealth?

DispatchHealth is focused on expanding its mobile care footprint to serve more communities across the U.S. and integrating advanced healthcare technology to improve patient outcomes. With strong backing from top investors and strategic partners, the company is poised to continue scaling its in-home urgent care model, enhancing healthcare accessibility, and setting new standards for patient-centric medical services.

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