DexCare Raises $50M in Series B Funding

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Summary

The company intends to use the funds to accelerate growth with investments in product and technology innovation, customer experience, and recruiting talent. Led by Derek Streat, CEO, DexCare provides a Platform-as-a-Service (PaaS) for health systems that intelligently orchestrates digital demand and health system capacity across all lines of care. The data-driven intelligence engine allocates, flexes and optimizes resources to meet both consumer demand and health system business goals—expanding the reach of health system service lines into a new, digital and on-demand consumer arena. The platform attracts and caters to high-value consumers by providing a fully-digitized, unified experience that routes consumers to the best care options while leveraging existing EMR, caregiver and brand investments. In 2021, the company expanded its platform to power access across a variety of applications including: Incubated at Providence, DexCare has closed two funding rounds totaling $71M to-date.

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