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Follow Higher, a apply administration platform for well being and wellness practitioners, scored a $27 million development funding led by 5 Elms Capital.
WHAT THEY DO
The Canadian firm provides a platform for well being and wellness professionals to handle a spread of companies, together with scheduling appointments, managing billing and funds, offering telehealth and messaging.
The funding will assist the corporate develop strategic partnerships and improve its platform. Follow Higher may even broaden its expertise, go-to-market and customer-facing groups.
“When Follow Higher was based in 2016, it was coming into a market in determined want of innovation. Since then, the group has dedicated to doing issues in another way by placing shopper outcomes on the forefront of well being and wellness expertise and permitting the business to interrupt freed from outdated and unscalable fashions. Its fame as a disruptive drive comes from years of dedication, and 5 Elms Capital is thrilled to help its continued development,” Austin Gideon, companion at 5 Elms Capital.
MARKET SNAPSHOT
Follow Higher’s latest funding comes after it acquired a $1 million funding in 2021.
Doctor burnout is an issue inside healthcare, with 63% of physicians reporting indicators of burnout, according to the American Medical Association.
A number of firms goal to enhance suppliers’ workflow, together with Elation Health, which provides instruments for telehealth, affected person engagement and an EHR geared towards major care suppliers, and UpStream Healthcare, which supplies expertise and help companies for value-based major care practices.
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