Kaiser Permanente Ventures participated in a $65 million financing round for a virtual care startup focused on home-based patients.
Vesta Healthcare, which serves more than 50,000 people, provides technology for home-based care services from primary care to passive monitoring. Investment firm RA Capital Management led the series C equity round that included new debt financing and closed Sept. 4, according to a news release. CareCentrix/Walgreens was among the other investors.
Kaiser Permanente Ventures, the venture capital arm of the Oakland, Calif.-based health system, previously took part in the company's $65 million growth capital funding round in 2021.