Chicago-based health tech company KeyCare has secured additional investment this week, closing a $27 million Series A funding round after securing $24 million in funding just five months ago. .
With the additional $3 million announced on Thursday, KeyCare also acquired new investor Ziegler and two healthcare systems. Ziegler is an investment firm focused on the healthcare and senior living sectors.
KeyCare’s health platform enables networks of healthcare providers to offer remote health services to their patients. The platform works seamlessly between patients and providers. It also provides his 24/7 access to patient care and is available in all 50 states.
Lyle Berkowitz, CEO and founder of KeyCare, said in a statement, “With the completion of our Series A funding, KeyCare will continue to optimize its platform and enable it to offer virtual care services to additional healthcare system partners. became.
Additional funding for KeyCare’s Series A round comes as telemedicine services grow in popularity. Three years after it went viral during the Covid-19 pandemic, many virtual health companies have secured millions of dollars in funding. Some companies have successfully grown and expanded their products and are now offering more benefits to patients. In fact, the American Hospital Association says telemedicine services will improve the affordability of healthcare and reduce emergency hospital visits.
Ziegler Senior Managing Director Grant Chamberlain said in a statement: