Funding round
DispatchHealth Series D
DispatchHealth, which works in home-based medical care delivery in Denver, raised $200M in a Series D round announced on 3 Mar 2021, led by Tiger Global, at a $1.70B post-money valuation. 6 firms took part. It is DispatchHealth's fifth venture round on record; the one before was a Series C in Jun 2020.
$200M
Amount raised
$1.70B
Post-money valuation
6
Investors
1 lead
12%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced DispatchHealth at $1.70B after the new money. The $200M bought investors about 12% of the company. It came 9 months after DispatchHealth's Series C. It is 30% of the $662M DispatchHealth has raised in the venture rounds on record. DispatchHealth raised again 20 months later: a Growth round of $259M in Nov 2022.
DispatchHealth's funding rounds
DispatchHealth has 6 venture rounds on record. This one is highlighted.
- Seed 12 Aug 2015 $3.6M
- Growth 23 Sep 2017, led by Alta Partners and Questa Capital $31M
- Growth 7 May 2019, led by Echo Health Ventures $33M
- Series C 23 Jun 2020, led by Optum Ventures $136M
- Series D this round 3 Mar 2021, led by Tiger Global $200M$1.70B post-money
- Growth 23 Nov 2022, led by Optum Ventures $259M
Investors
Who put money in
Tiger Global led the round with 5 other firms.
Lead investor
- Tiger Global new investor
Also in the round
- backs 18 venture-backed companies new investor
- backs 25 venture-backed companies new investor
- Humana new investor
- Oak HC/FT backs 106 venture-backed companies new investor
- backs 20 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion, sales and marketing, scaling operations and working capital.
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time, other companies' Series D rounds in Home Health Care:
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did DispatchHealth raise in its Series D round?
DispatchHealth raised $200M in its Series D round, announced in Mar 2021.
Who led DispatchHealth's Series D round?
Tiger Global led it, with Alta Partners, Echo Health Ventures, Humana, Oak HC/FT and Questa Capital.
What was DispatchHealth's valuation at the Series D round?
$1.70B post-money.
Did DispatchHealth raise again after this round?
Yes: a Growth round in Nov 2022 of $259M.