98point6
Facts
- HQ
- Seattle, Washington, US
- Sectors
- Software Development
- Founded
- 2015
- Employees
- 59
- Stage
- Startup
- Total raised
- $299M SEC Form D filings Total of this company's SEC Form D filings
- Last round
- $1.4M · Jan 2024 SEC Form D
Seattle Entrepreneur Robbie Cape Launches New Stealth Startup After Nine-Month Job Search
Seattle tech entrepreneur Robbie Cape ended his nine-month job search by launching a new startup incorporated in March, with key early team members including CTO T Van Doren and CPO Matt Witcher. Cape is keeping the venture details private but is enthusiastic about shaping the company's future and applying lessons from his prior startups like 98point6 and Mt. Joy.
Seattle Startup Circulate Health Raises $12M to Expand $8,000-$10,000 Plasma Exchange Longevity Treatment
Seattle's Circulate Health raised $12 million in seed funding to expand its costly therapeutic plasma exchange service aimed at promoting longevity by cleaning blood plasma. The company partners with clinics across eight states and has delivered over 1,000 treatments since May 2024, although the procedure is not proven to slow aging or covered by insurance.
98point6 Raises $30.7M to Expand Software Licensing After $100M Sale to Transcarent
Seattle-based digital health company 98point6 raised $30.7 million in mixed debt and option financing to support its transition into a software licensor following its sale of a virtual care and primary care business to Transcarent. The new funding led by L Catterton, Activant Capital, and Transcarent will scale its software platform and develop AI innovations.
Seattle's 98point6 Sells Virtual Care Platform and Primary Care Business to Transcarent for $100M
Seattle healthcare startup 98point6 is selling its virtual care platform and primary care business to San Francisco-based Transcarent for $100 million in cash and equity, with the transaction expected to close by March 31. Post-sale, 98point6 will focus exclusively on software licensing as 98point6 Technologies, while about half of its workforce, including clinical staff, will move to Transcarent.
Telehealth Startup 98point6 Raises $20M, Licenses Virtual Care Platform to MultiCare's Indigo Health in Washington
Seattle-based telehealth startup 98point6 raised over $20 million through a convertible note offering and licensed its virtual care platform to MultiCare Health System's Indigo Health urgent care division. This move marks 98point6's expansion as a third-party software provider amid a healthcare industry trend of increased technology investments.
98point6 Lays Off 10% of Workforce on July 6 but Maintains Growth and Hiring in Medical and Tech Roles
Seattle-based telemedicine startup 98point6 laid off 10% of its workforce on July 6 but claims it remains in growth mode and is hiring for medical and technology roles. The cuts affected creative and marketing teams, and despite the layoffs, the company continues to focus on delivering primary care access nationwide.
AI2 Spinout BirchAI Raises $3.1M Seed to Automate Healthcare Customer-Support Call Summaries
BirchAI, an AI2 spinout founded in June 2020, raised $3.1 million in seed funding for software that transcribes, summarizes and analyzes healthcare customer-support calls to reduce post-call documentation time and improve employee and patient satisfaction. CEO Kevin Terrell says the Seattle startup targets medical device, pharmaceutical and insurance companies and lets employees edit AI-generated summaries.
98point6 board ousts co-founder Robbie Cape to seek CEO who can scale growth; Jeff Greenstein named interim leader
98point6's board removed co-founder and CEO Robbie Cape last month to install a leader better suited to scale the telehealth startup, according to board member Lisa Brummel, who said the decision was routine and not due to impropriety; interim CEO Jeff Greenstein is now leading the company after Cape left the board. The Seattle company has raised $247 million and saw large customer demand during the pandemic.
98point6 co-founder Robbie Cape abruptly exits as CEO; chairman Jeff Greenstein named interim leader
98point6 co-founder and CEO Robbie Cape has abruptly left the virtual primary care company he helped start in 2015, with chairman and co-founder Jeff Greenstein named interim CEO while the board searches for a replacement. The 350-person startup, which raised a $118 million Series E in October, said the C-suite will continue leading operations and praised Cape’s six years of leadership.
Frazier Healthcare Partners raises $1.4B tenth Healthcare Growth Buyout Fund, up from $780M
Seattle-based Frazier Healthcare Partners raised $1.4 billion for its tenth Healthcare Growth Buyout Fund, a significant increase from its prior $780 million fund and one of Washington state's largest institutional raises. The fund will invest $50–$150 million in 10–12 middle-market healthcare companies focused on pharmaceutical services, hospital outsourcing, and data analytics/AI, leveraging executive placements to drive consolidation.
Former Rover CTO Scott Porad named Dolly’s first CTO as Dolly plans headcount, sales expansion; Regi Vengalil to become Metromile CFO in May
Scott Porad, former Rover CTO, has joined Seattle peer-to-peer moving app Dolly as its first chief technology officer as the startup plans to double headcount and sales; Regi Vengalil will leave Egencia in May to become CFO of Metromile, a pay-per-mile insurer.
Accolade to buy PlushCare for up to $450M, adding virtual primary care and expanding TAM to $200B+
Accolade will acquire virtual primary care startup PlushCare for up to $450 million, adding primary care to its benefits platform and expanding its addressable market to over $200 billion. PlushCare, founded in 2015, has served 400,000 patients, posted $35 million revenue last year, and will continue its direct-to-consumer business under Accolade.
GeekWire Opens Voting for 13th Annual Awards; Deal of the Year Finalists Include $6.5B Auth0 Acquisition and Multi‑Hundred‑Million Funding Rounds
GeekWire has opened community voting for its 13th annual GeekWire Awards, highlighting Deal of the Year finalists across Fundings and IPOs/Acquisitions from Pacific Northwest tech companies. Voting runs through April 30, winners announced May 20 at the virtual awards presented by Wave Business.
Rad Power Bikes co-founder Ty Collins steps down to advisory role; WRF CEO Ron Howell to retire end of April
Rad Power Bikes co-founder and former CMO Ty Collins has stepped down and moved into an advisory role while remaining involved; the company is profitable and raised $150 million earlier this year. Washington Research Foundation CEO Ron Howell will retire at the end of April after 29 years, with CFO Jeff Eby serving as acting CEO.
Heard raises $1.3M seed to help mental‑health clinicians manage bookkeeping, taxes and payroll
Seattle startup Heard, which builds bookkeeping, tax and payroll software for mental-health clinicians running private practices, raised $1.3 million in seed funding to address growing pandemic-driven demand for practice management tools.
98point6 launches virtual behavioral health service for commercial customers, adds therapy, coaching and digital programs
Seattle telemedicine startup 98point6 is launching a new virtual behavioral health service for employers, health plans and systems that combines board-certified physicians, behavioral health coaches and licensed therapists to provide therapy, coaching and digital self-paced programs.
U.S. Startups Raised Record $156.2B in 2020; Pacific Northwest Logged $946M in Q4 Across 54 Deals
U.S. startups set a new annual VC funding record in 2020 with $156.2 billion raised, driven by digital acceleration during the pandemic and a surge in mega-deals; Q4 saw $946 million invested across 54 Pacific Northwest deals. VC fundraises also hit records and IPO activity boosted exit values, suggesting continued momentum into 2021 as investors hold dry powder.
98point6 CMO and EvergreenHealth ER Physician Dr. Brad Younggren Says COVID-19 Will Lastingly Change Healthcare After Early Kirkland Outbreak and Vaccine Receipt
Dr. Brad Younggren, chief medical officer at Seattle telehealth startup 98point6 and emergency physician at EvergreenHealth in Kirkland, reflects on treating early U.S. COVID-19 patients, rapid growth in virtual care demand, and receiving the vaccine with cautious optimism. He warns the pandemic isn’t over and says COVID-19 will have lasting effects on healthcare science, technology, and worker well-being.
Qumulo names ex-AWS Janine Corey cloud CTO; Elissa Fink joins Conversica board; Starbucks CEO Kevin Johnson joins Amperity board
Seattle startup Qumulo hired Janine Corey as cloud CTO after five years at Amazon Web Services; the company is valued at $1.2 billion and raised $125 million earlier this year. Former Tableau CMO Elissa Fink joined Conversica’s board and Starbucks CEO Kevin Johnson joined Amperity’s board, reflecting several executive moves among Seattle-area tech firms.
Seattle's Stackline Raises $50M from Goldman Sachs to Expand E-Commerce Intelligence Platform Amid Pandemic Boom
Stackline, a Seattle-based e-commerce intelligence platform serving clients like Sony and Starbucks, raised $50 million from Goldman Sachs Growth Equity in its first outside funding round to expand amid rapid online retail growth during the pandemic.
98point6 Raises $118M Series E Led by L Catterton and Activant After 274% Membership Surge
Seattle telemedicine startup 98point6 raised $118 million in a Series E led by L Catterton and Activant Capital after membership grew 274% this year; the company offers AI-supported virtual primary care to over 3 million patients and serves employers and health plans. The round follows a $43 million Series D in April and comes amid a surge in digital health funding during the pandemic.
Sam’s Club partners with Seattle startup 98point6 to offer members discounted telehealth — $20 for first three months, $33.50/month after
Sam’s Club is partnering with Seattle telehealth startup 98point6 to offer virtual primary care to members, with a $20 introductory fee for the first three months (normally $30) and $33.50/month thereafter, plus quarterly and annual plans. 98point6 serves about 3 million patients across all 50 states, diagnoses 400+ common conditions via an AI-powered chatbot and raised $43 million in April.
GeekWire Awards 2020 Goes Virtual; Ally Wins Startup of the Year as Bill Gates and Celebrities Celebrate
GeekWire held a virtual GeekWire Awards livestream honoring top Pacific Northwest tech companies and leaders across 12 categories, with winners accepting via Zoom and special video messages from figures like Bill Gates. Seattle startup Ally won Startup of the Year, and the event included entertainment such as The Drunken Tenorperforming an "Opera di Zoom."
Accolade exits GeekWire 200 after $220M IPO at $1.2B valuation; PNW health techs climb as VC funding hits $2.3B in H1 2020
GeekWire’s latest GeekWire 200 update shows health tech startups rising in the Pacific Northwest rankings during the pandemic, highlighted by Accolade’s $220M IPO at a $1.2B valuation and a surge in VC activity ($2.3B across 135 deals in H1 2020).
Seattle Tech Firms Shift Perks to Remote Support: Accolade Hosts Virtual Commencement; OfferUp Adds Summer Fridays
With employees working from home during the pandemic and amid racial justice protests, Seattle-area tech companies are replacing traditional office perks with remote-focused benefits—virtual events, expanded leave and care packages—to support staff wellbeing and culture. Examples include Accolade's virtual commencement for employees' children and OfferUp's 'Summer Fridays' schedule.
People
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Jay Burrell Executive, Chief Executive Officer
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Jeffrey Greenstein Director
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Nader Naini Director
