Venture Capital

Somatus Raises $64M In Series C Financing To Transform Kidney Care

by vcaonline.com posted 8months ago 28 views
MCLEAN, Va., June 23, 2020-- Somatus, a market leader in value-based kidney care, today announced it has completed a Series C funding round of $64 million. The funding round was led by Longitude Capital and co-led by Optum Ventures and Deerfield Management Company, and included participation from existing investors Blue Venture Fund, Flare Capital, and Town Hall Ventures. This investment round, combined with prior funding, brings the Company’s total capital raised to over $105 million since its launch in 2016. The completion of this financing marks another major milestone for Somatus.

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