Vida Health raises $25 million to meet increasing demand due to Covid-19

Vida Health's $25 million fundraising announced Thursday is another sign that investors remain bullish on the virtual health startup. The new financing, led by the life science investment firm Ally Bridge Group, will be used to scale the company's sale and marketing teams, as well expand its nationwide network of health providers. That brings the company's total funding up to $83 million. Vida Health's last raise was a $30 million Series C in June 2019 and was valued then at $140 million, according…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news