How Much Did Redesign Health Raise? Headquarters, Funding & Key Investors

Redesign Health has successfully raised $315 million over multiple funding rounds, including a Series C, positioning itself as a unicorn with a valuation of $1.7 billion. The venture builder focuses on launching and scaling transformative healthcare companies that address critical challenges in the healthcare sector.

Keep reading to explore Redesign Health’s fundraising journey, key investors, and what’s ahead for this innovative platform.

What Is Redesign Health and What Does It Do?

Redesign Health, founded in 2018 by Brett Shaheen, Laura Bagnoli, Leann Arkema, and Susan Leonelli, is headquartered in New York, New York. The company operates as a venture builder in the healthcare sector, helping founders launch and scale transformative healthcare companies.

With a team of 101–250 employees, Redesign Health has supported the creation of over 70 healthcare companies. Its core focus includes launching and scaling digital health startups, leveraging AI and technology to address critical healthcare challenges, and supporting the operational, financial, and strategic growth of its portfolio companies.

By combining a proven venture model with technology-driven solutions, Redesign Health impacts millions of patients while driving substantial revenue growth.

How Much Funding Has Redesign Health Raised?

1. Round 1
   • Amount Raised: $250M
   • Date: March 2020
   • Lead Investors: Blisce, Declaration Partners
   • Valuation at Round: Not publicly disclosed
   • Motivation: To support the launch and scaling of transformative healthcare companies
2. Round 2 (Series C)
   • Amount Raised: $65M
   • Date: September 2022
   • Lead Investors: General Catalyst
   • Valuation at Round: $1.7B
   • Motivation: To enhance Redesign Health’s operations and platform

Total Funding Raised: $315M

Current Valuation: $1.7B

Latest funding date: 09/01/2022

Key Investors

1. General Catalyst
   • Details: Venture capital firm investing in powerful, positive change that endures. Hemant Taneja, CEO of General Catalyst, has joined Redesign Health’s board.
   • Investment Focus Areas: Technology, healthcare, consumer, and financial services
   • Notable Investments: Airbnb, Stripe, Snap, Warby Parker
2. Blisce
   • Details: Growth-stage VC partnering with mission-driven entrepreneurs.
   • Investment Focus Areas: Technology, consumer, healthcare
   • Notable Investments: Spotify, Pinterest, Headspace
3. Declaration Partners
   • Details: Investment firm backed by the family office of David M. Rubenstein.
   • Investment Focus Areas: Private equity, real estate, venture capital
   • Notable Investments: Not explicitly mentioned
4. CVS Health Ventures
   • Details: Venture capital arm of CVS Health focusing on healthcare innovation.
   • Investment Focus Areas: Healthcare innovation, consumer healthcare experiences
   • Notable Investments: Not explicitly mentioned
5. UPMC Enterprises
   • Details: Innovation and commercialization arm of UPMC, a healthcare provider.
   • Investment Focus Areas: Healthcare innovation, commercialization
   • Notable Investments: Not explicitly mentioned

Where Is Redesign Health’s Headquarters?

Redesign Health is headquartered in New York, New York, providing access to a major healthcare and investment hub, supporting its venture-building model and connections with investors and healthcare founders.

What’s Next for Redesign Health?

Redesign Health plans to leverage its recent $65 million funding round to enhance platform operations and launch over 25 new healthcare startups this year. The company continues to focus on digital health and venture building, capitalizing on the broader trend of increased investment in healthcare, which saw nearly $82 billion in venture capital funding in 2021.

Future priorities include supporting portfolio startups with operational and strategic growth, expanding the use of AI and technology across new healthcare ventures, and exploring additional fundraising opportunities to fuel continued expansion.

Key challenges include navigating the complexities of healthcare regulations, scaling operations while maintaining high-quality standards, and responding to macroeconomic pressures that are affecting venture capital investment.

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