– Vheda Health, an outcomes and analytics company serving health plans’ highest-risk and hardest-to-reach members, announced a $47 million investment from Agora, a San Francisco-based healthcare and life sciences technology private equity firm.
– The investment is Vheda’s first institutional capital in its 13-year history and the inaugural investment for Agora.
– Founded in 2013 and bootstrapped by CEO & Co-Founder Shameet Luhar and Philip Rub, Vheda has grown to more than 110 health specialists, data scientists and analytics experts.
– Vheda provides health plans with a platform that captures clinical and behavioral data, identifies high-risk members and triggers interventions before costly medical events occur.
– The company serves all major MCOs and health plans nationally and has generated more than $975 million in savings for its health plan partners.
– CEO Shameet Luhar will continue to lead the company, with Agora providing financial resources, commercial support and M&A guidance.
– Neil Vangala, Managing Partner of Agora: said Vheda represents the type of founder-built healthcare technology company Agora was created to back and that the firm aims to help build it into a category-defining player.
