Digital and in-office healthcare supplier Juno Medical raised $12 million in Collection A funding spherical co-led by tennis star Serena Williams, managing associate at Serena Ventures, and Julian Eison, managing associate at NEXT VENTURES.
Huge Ventures, which led Juno’s seed spherical, additionally participated within the Collection A funding alongside Empire State Improvement’s New York Ventures, Genius Guild, TXV Companions, Gaingels, and former traders Humbition and Atento Capital.
The most recent funding brings Juno Medical’s whole raised to $28.4 million, in response to Crunchbase.
WHAT IT DOES
Juno Medical is a healthcare service supplier that provides on-site appointments with physicians at their two New York-based brick-and-mortar amenities and digital providers for sufferers in New York and Georgia.
The corporate gives particular person and household care, wellness, specialty care, and on-site labs and imaging providers.
The funds will probably be used to broaden into new markets and rent new suppliers. The corporate plans to open new clinics in traditionally marginalized communities, together with East Atlanta, the Greenwood District of Tulsa, Oklahoma, and the Metropolis of Inglewood, California, close to Los Angeles. Juno can even use the funding to develop its expertise platform.
“We’re honored to associate with Juno to broaden upon their inclusive, full-service healthcare dwelling mannequin the place folks from all backgrounds really feel seen, heard and welcome,” Williams stated in a press release. “There’s a severe want to deal with fairness points in healthcare, psychological well being and wellness providers that many communities face. Juno and its proficient staff have the imaginative and prescient, mannequin and observe file to disrupt the unacceptable established order in healthcare.”
MARKET SNAPSHOT
A number of firms supply clinics geared towards offering take care of particular populations.
Digital specialty care firm Oak Road Well being is a sequence of main care clinics geared towards the Medicare inhabitants. The corporate acquired digital specialty care supplier RubiconMD for as much as $190 million in 2021.
Tia, a girls’s health-focused hybrid supplier, introduced it opened the primary of 10 deliberate brick-and-mortar clinics within the Bay Space in Might. It additionally introduced a partnership with UCSF Well being. The organizations would construct a community of built-in clinics to permit sufferers to coordinate specialty and inpatient care extra simply at UCSF.
Different firms within the hybrid care house embody One Medical, a membership-based main care group that provides digital care and in-person visits. Amazon introduced plans to amass One Medical in an all-cash deal price roughly $3.9 billion earlier this 12 months.
