Optum Ventures, the investment arm of UnitedHealth Group's Optum, and Premera Blue Cross co-led the Series B financing round for Vim, a San Francisco-based platform fostering collaboration between healthcare providers and payers.
Other participants in the $24 million fundraise include Great Point Ventures and Sequoia Capital. Vim will use the funding to accelerate hiring and product development and expand into new markets across the U.S.
Vim's platform aligns payer and provider incentives by providing actionable insights that help patients choose providers best suited to their needs, and help providers make appropriate, value-driven care decisions.
Since its establishment in late 2017, Optum Ventures has invested in early-stage healthcare companies such as clinical data integration firm Diameter Health, at-home lab test startup LetsGetChecked and AI diagnostic tool developer IDx.
More articles on health IT:
Google bans ads for 'untested, deceptive' medical treatments
Moody's: Blockchain to become standard by 2021
CVS hires former Walgreens telemedicine executive to lead consumer health