Jeffrey Greenstein
Jeffrey Greenstein previously served as Director at 98point6 Technologies Inc.
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.
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.
Organizations
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98point6 Director 2017–present · current
