Tech Company Financing Transactions
UpStream Funding Round
UpStream, based in Greensboro, secured $140 million from Coatue Management, Avidity Partners and Define Ventures.
Transaction Overview
Company Name
Announced On
12/2/2022
Transaction Type
Venture Equity
Amount
$140,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to scale its model to physicians nationwide.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
1100 Revolution Mill Dr 10
Greensboro, NC 27405
USA
Greensboro, NC 27405
USA
Phone
Website
Email Address
Overview
UpStream was founded by Fergus Hoban in 2018 with the bold ambition to eliminate the burden of avoidable suffering through advanced primary care. He recognized the challenge for primary care physicians who know what is required but are often under-resourced within their practices and overwhelmed by the administrative, regulatory, and resourcing demands placed on them. Guided by this founding ambition UpStream has grown and evolved, bringing together nationally recognized leaders to develop further the clinical, technological, financial and policy expertise needed to deliver a comprehensive, whole person healthcare solution. Our innovative approach has been proven to reduce the immense burden primary care physicians face while enhancing the benefits to them, their practice, and, most importantly, their patients. Simply put, we restore the physician-patient relationship.
Management Team
Title
Name
Email & Social
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Our team works diligently to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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