In a recent press release, Kyruus, a leader in provider search and scheduling solutions for health systems, announced that it raised $42 million in new financing in a Series D round that brings its total funding to more than $125 million since its founding in 2010.
Venrock and Highland Capital Partners led the round, with participation from other existing investors, such as Providence Ventures and Salesforce Ventures. Kyruus, which already serves one in five US healthcare providers, plans to use the new funds to extend its product portfolio while also consolidating providers across the US on its industry-defining platform.
Kyruus welcomed 20 new health systems to its customer community in 2019 and now works with more than 50 of the top 300 health systems nationwide. Its 2019 momentum was fueled in part by health systems looking to replicate the impact that Kyruus has demonstrated with early adopters of online scheduling. As consumers increasingly seek providers who offer convenient self-service, health systems have looked to the award-winning Kyruus ProviderMatch® platform to help them upgrade their digital front doors while driving consistency across access channels.