Tech Company Financing Transactions
Lantern Funding Round
Lantern closed a $17 million Series A financing round on 2/11/2016. Investors included UPMC Health Plan, Mayfield Fund and Uncork Capital.
Transaction Overview
Company Name
Announced On
2/11/2016
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series A
Investors
Proceeds Purpose
Lantern plans to do a couple of things with the funding. For starters, it wants to focus more on integrating Lantern into employer insurance plans, so that employees can access Lantern as a benefit. The first step in that process would be to deploy Lantern within the UPMC health system.Lantern also wants to invest more into research studies to show the economic proof that symptom reduction positively affects the bottom line for employers in terms of health costs.
Company Information
Company Status
Out of Business
Industry
Healthcare Services
Mailing Address
2 Shaw Alley
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Website
Email Address
Overview
Finding emotional well-being during life's twists and turns isn't easy. Accessing care is at best expensive, and at worst completely out of reach. And that's where Lantern comes in.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alejandro Foung
Chief Technical Officer
Nicholas Letourneau
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We report on every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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