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Pager Raises $70M Series C Financing Round

2021-09-21
NEW YORK, NY, Pager, a leading virtual care navigation and collaboration platform, has raised $70 million as part of an equity and debt financing round.
The Series-C round was led by Susquehanna Private Equity Investments, an affiliate of Susquehanna International Group LLLP (SIG), and included new and existing financial and strategic investors, including an affiliate of Horizon Healthcare Services, Inc., New Jersey's largest health insurer. Debt financing was provided by Silicon Valley Bank.

SIG becomes the latest notable Pager investor in a group of venture capital and growth equity firms that include: Health Catalyst Capital, Goodwater Capital, Lux Capital, and New Enterprise Associates (NEA), among others.

Pager is a virtual care collaboration platform that provides whole person healthcare in a trusted, convenient, connected care experience, like having a "doctor in the family." Pager helps people make better healthcare decisions by enabling better access and reducing costs, making care simple and easy to understand throughout the entire care journey. Through a combination of hi-tech AI automation and hi-touch concierge services, Pager offers an integrated, full-service experience including triage, telemedicine, e-prescriptions, appointment scheduling, after-care follow-up, care advocacy, and customer service. Pager's omni-channel communications platform connects the fragmented healthcare ecosystem by aggregating a care team of nurses, doctors, pharmacists, coordinators, advocates, and more in one place.
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