Funding round
Monogram Health Series A
Monogram Health, which works in specialty chronic condition care delivery in Brentwood, raised $7.0M in a Series A round announced on 5 May 2020, led by Frist Cressey Ventures and Norwest. 2 firms took part. It is Monogram Health's first venture round on record.
$7.0M
Amount raised
Not disclosed
Post-money valuation
2
Investors
2 leads
Valuation
What this round says about the price
Monogram Health did not disclose a valuation in this round. It is Monogram Health's first venture round on record, 1 year after it was founded in 2019. It is 1.3% of the $542M Monogram Health has raised in the venture rounds on record. Monogram Health raised again 13 months later: a Series B round of $160M in Jun 2021.
Investors
Who put money in
Frist Cressey Ventures and Norwest led the round.
Lead investors
- backs 24 venture-backed companies new investor
- Norwest backs 215 venture-backed companies new investor
Comparable rounds
How it compares
5 Series A rounds in Home Health Care within a year either side disclosed an amount; the median was $10M, and this round was 70% of the median. The closest in time, other companies' Series A rounds in Home Health Care:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Home Health Care | 7 Apr 2020 | $16M | not disclosed | Virgo Investment Group |
| Home Health Care | 23 Jul 2020 | $6.0M | not disclosed | Silverton Partners |
| Home Health Care | 19 Nov 2019 | $3.5M | not disclosed | Alethea |
| Home Health Care | 9 Oct 2019 | $10M | not disclosed | Canaan |
| Home Health Care | 13 Sep 2019 | $10M | not disclosed | Mercy Virtual |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Monogram Health raise in its Series A round?
Monogram Health raised $7.0M in its Series A round, announced in May 2020.
Who led Monogram Health's Series A round?
Frist Cressey Ventures and Norwest led it.
What was Monogram Health's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Home Health Care?
5 Series A rounds in Home Health Care within a year either side disclosed an amount; the median was $10M, and this round was 70% of the median.
Did Monogram Health raise again after this round?
Yes: a Series B round in Jun 2021 of $160M.