Digital health company League, after its latest funding round, now has another $95 million in its ambitions to build a leading digital platform for integrated health systems, The company announced on Tuesday. The Series C round brings the alliance’s total funding to over $205 million.
The latest funding round was led by TDM Growth Partners Workday Ventures and other unnamed existing investors also participated.
alliance, with offices in Toronto and Chicago, develops operating systems Payers, providers, consumer health companies and employers can build their applications to Increase consumer engagement and personalization.
“Time and time again, point solutions inevitably give way to platforms,” League founder and CEO Michael Serbinis said in a statement.
This evolution has accelerated innovation, enabling interoperability and economies of scale, he said.
“Providers, payers, consumer health partners and employers use League’s platform to build unique and differentiated applications that transform healthcare from a patchwork of disparate point solutions into an effective cohesive experience,” Serbinis said.
League says it has hundreds of customers, from Humana to Shopify. Its platform is built on rapid medical interoperability resources (tuner) standards and leverage the Google Cloud Platform Healthcare API to provide millions of consumers with a “front door” to healthcare, the company said.
Meanwhile, the press release seems to hint at the fact that League of Legends eventually wants to go public. While the representative did not respond to whether an IPO is in progress, consider the statement provided by the lead investor in the round:
“We are proud to play a role in League’s vision for the future of healthcare and transformation of care delivery,” Jess Bell-Allen of TDM Growth Partners said in the League’s press release. Announcing the latest funding round. “We appreciate and understand the scale journeys of pre-IPO companies and how to successfully transition them to the public markets.”
TDM is an investor in Slack, Twilio and Square, all of which have gone public. Slack went public in 2019 and was acquired by Salesforce in 2020, Twilio went public in 2016, and Square went public in 2015.
Photo: drogatnev, Getty Images
