Greater Good Health, an El Segundo, CA-based company supporting risk-bearing organizations in managing total cost of care, has raised $33 million in a Series B and Debt financing series led by Allumia Ventures.
The round also saw participation from DaVita Venture Group and Granite Financial Holdings, the investment affiliate of Blue Cross of Idaho, as well as existing investors Flare Capital Partners, Optum Ventures, LRVHealth, Health Velocity, Martin Ventures, and Epsilon Ventures.
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The company raised $20.5 million in a Series B funding round, along with up to $12.5 million in venture debt provided by HSBC Innovation Banking.
The company plans to use the funds to grow its operations and advance its development efforts.
Greater Good Health is a leading partner for organizations managing total healthcare costs. The U.S. healthcare system faces major challenges in quality, cost and access, as well as a growing shortage of primary care physicians. This investment highlights the need for accessible high quality, value-based primary care, especially for Medicare adults in underserved areas. Greater Good Health is expanding access through its nurse practitioner–focused model, aiming to provide more providers and better care.
Greater Good Health serves over 200,000 patients through its primary care clinics and integrated clinical services. Working with health plans, hospitals, and providers, the company manages complex patient populations in value-based care programs. Its results include 4+ STAR quality ratings, more than 200% growth in preventive care engagement, fewer unnecessary acute admissions, and a patient Net Promoter Score above 90.
The first three clinics opened in Montana in partnership with Humana, and the fourth, its first in Idaho, opened in December 2025 with Blue Cross of Idaho. These expansions show the demand for high-quality primary care. With this funding, Greater Good Health plans to grow its value-based care platform, strengthen payer partnerships, and expand to more locations.
“As the population ages, traditional primary care is struggling to keep up, both clinically and financially,” said Sylvia Hastanan, Founder and CEO of Greater Good Health. “Healthcare faces two major challenges: a growing physician shortage and rising medical costs.
We created Greater Good Health to be practical and results-driven, whether supporting primary care or serving as primary care. By empowering nurse practitioners to lead care teams, we provide a proven model that effectively manages complex populations, improves outcomes, and controls costs. The healthcare system doesn’t need more complexity—it needs solutions that work.”
“By letting nurse practitioners lead care teams, we’ve created a proven model that manages complex patients efficiently, improves outcomes, and controls healthcare costs.” – Sylvia Hastanan
“The ongoing physician shortage is one of healthcare’s biggest challenges,” said Branden Fini, Partner at Allumia Ventures. “Greater Good Health empowers nurse practitioners to provide high quality, value based care offering an innovative solution. We strongly support their mission and are proud to back the team as they transform healthcare.”
About Greater Good Health
Founded in 2021, Greater Good Health expands value based care through partnerships with health plans and risk-bearing organizations. By building primary care in underserved areas and integrating clinical programs within existing networks, the company delivers care models that improve outcomes, reduce costs and enhance the patient experience.
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