Corner Health Secures $32.5 Million in Seed and Series A Funding
Corner Health, a Los Angeles-based healthcare company, has raised $32.5 million in a combined Seed and Series A funding round. The company, co-founded by Lava Sunder (CEO) and Anne Gifford (COO), aims to revolutionize the primary healthcare landscape by enabling Nurse Practitioners to establish and grow their own community-based primary care practices. This approach facilitates patient access to independent providers who are available for same-day, evening, and Saturday visits in Arizona and Washington.
Investment Details
The funding round was led by Oak HC/FT, with existing investors First Round Capital and Zigg Capital also participating. This investment will support Corner Health's mission to expand its network, which already includes over 70 provider-owned primary care practices. The company has seen significant growth, facilitating more than 35,000 patient visits in the past year.
Strategic Plans for Funding Utilization
The newly acquired funds will be directed towards scaling operations and expanding the network of primary care practices. With a focus on Arizona and Washington, Corner Health plans to enhance its infrastructure to accommodate increasing patient demand and further empower Nurse Practitioners in these regions.
Leadership Insights
Lava Sunder, Co-founder and CEO, expressed confidence in the company's growth trajectory. "Our goal is to create a healthcare system that truly empowers local providers and offers patients accessible and personalized care," Sunder stated. Anne Gifford, Co-founder and COO, added that the investment will enable Corner Health to reach more communities and improve patient care experiences.
Conclusion
Corner Health's innovative approach to primary healthcare and strong investor backing positions it well for continued growth. As the company expands its reach, it remains committed to enhancing patient-provider relationships and improving access to quality healthcare.