Recent coverage
Front-page news, podcasts and videos about Jay
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.
Organizations
-
98point6 Chief Executive Officer · current
