The round was led by Polaris Partners, with additional participation from new investors Longitude Capital and Deerfield Management, as well as existing investors Flare Capital Partners and Define Ventures. The round comes less than a year after the company's launch and only three months since Cohere Health's Series A extension.

Cohere's digital health plan solutions fundamentally transform utilization management in order to drive truly collaborative care journeys. Our solutions not only automate provider and payer preauthorization functions, but also generate clinical policy guidance that drives better care decisions without having to delay or deny care. Cohere then uses prior authorization as a trigger to engage plans, providers and patients in episode-based care paths that merge traditional utilization management, care management and patient engagement functions to ensure plan benefits are fully utilized. Cohere works with physicians and health plans committed to the transparent delivery of quality and timely patient care. For more information, visit https://coherehealth.com.