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Venture Capital News: Watershed Health Raises $13.6M

2024-05-16
NEW ORLEANS, LA, Watershed Health today announced the completion of a $13.6 million funding round.
Watershed Health, the company driving patient care coordination across the healthcare ecosystem to reduce costs, enhance quality of care and improve patient outcomes, today announced the completion of a $13.6 million funding round led by an investment from First Trust Capital Partners with participation from FCA Venture Partners, Create Health Ventures, Impact Engine, 450 Ventures, LDH Ventures II/Launchpad Digital Health, MassMutual Ventures, Capstar Partners and Wanxiang Healthcare Investments. This infusion of capital is being used to meet demand by payers and providers across the US for the company's real-time care coordination Software-as-a-Service (SaaS) platform as well as to grow the engineering, development, customer success and sales teams.

Watershed Health is driving patient care coordination by connecting providers of all types across the healthcare ecosystem to reduce costs, enhance quality of care and improve patient outcomes. The company enables seamless communication, collaboration and data sharing, providing real-time, data-driven insights that empower healthcare providers to make better informed and effective clinical decisions.
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