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Lark Health, a provider of chronic disease prevention and management programs, closed a $55 million Series C funding round as well as a $15 million venture debt credit facility. It will use the new funds to advance partnerships with telehealth providers and commercial payers, starting with Anthem.
The funding round was led by King River Capital and included the following new investors: Franklin Templeton, SteelSky Ventures and Olive Tree Capital. The company completed its venture debt credit facility with Trinity Capital and Bridge Bank.
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About Lark
Lark helps you eat better, move more, stress less, and improve your overall wellness. Lark’s digital coach is available 24/7 on your smartphone to give you personalized tips, recommendations, and motivation to lose weight and prevent chronic conditions like diabetes.
Lark offers digital health coaching and smart devices, and can help you reach your health goals. Grab your insurance card and see if you can get Lark at no cost to you today!
Pilot study reveals digital coaching with educational resources and remote patient monitoring helps increase confidence in improving and managing heart health