Ventricle Health secures $8M in seed financing led by RA Capital Management, along with Waterline Ventures and others to accelerate national delivery of its value-based home care model for heart failure patients
Summary
Financing round positions Ventricle Health to rapidly expand its cardiovascular care model and lower healthcare costs by 30-50%WASHINGTON, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Ventricle Health, a national virtual cardiology care network, today announced $8 million in seed funding led by RA Capital Management alongside Waterline Ventures and other investors. This investment round will finance the expansion of Ventricle Healths heart failure management therapeutic model in collaboration with value-based care provider groups and payers. Ventricle is here to change that.Chief Executive Officer, Sean ODonnell, added, It is incredibly exciting to have partners like RA Capital and Waterline make this investment in our mission. Along with our existing investor partners and an amazing team of seasoned value-based clinical operators, their investment will help us accelerate and expand access to a care model that is so urgently needed in the US beyond the markets we are currently serving.Not unlike what weve seen in the kidney disease category, heart failure today is often first diagnosed only after a patient has been hospitalized. This makes heart failure an area poised for significant value-based disruption, said Anurag Kondapalli, Principal at RA Capital Management.