SUMMARY
- Vheda Health received $47M from Agora.
- Funds will support expansion and new products.
- Vheda Health provides healthcare analytics solutions.
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Follow usVheda Health, a Columbia, Maryland-based provider of an outcomes and analytics platform for health plans, has received a $47 million investment from Agora.
The company plans to use the capital to support its national expansion across health plans and geographies and develop new product and analytics capabilities.
Funding Snapshot
| Metric | Details |
|---|---|
| Investment Amount | $47 million |
| Valuation | Not disclosed |
| Company | Vheda Health |
| Sector | Healthcare / Health Analytics |
| Headquarters | Columbia, Maryland, USA |
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About Vheda Health
Founded in 2013 by Shameet Luhar and Philip Rub, Vheda Health provides an outcomes and analytics platform for health plans. Its platform captures member-level clinical and behavioral data, identifies and stratifies high-risk members and triggers interventions before costly healthcare events occur.
Read More:Fintech Startup Piston Raises $15M in Series A Funding
The company combines analytics, technology, connected devices and human support to help health plans improve medical costs, utilization, quality and clinical outcomes.
Vheda serves major MCOs and health plans nationally and has generated more than $975 million in savings for its health plan partners.
Core offerings include:
- Member level health analytics
- Risk identification, and stratification
- Chronic care programs
- Maternity programs
- Clinical engagement workflows
- Cost containment programs
Core Technologies / Products / Services
| Capability/Product | Application/Use Case |
|---|---|
| Clinical & Behavioral Data | Captures member-level health information |
| Risk Stratification | Identifies high-risk and hard-to-reach members |
| Engagement Workflows | Triggers condition-specific interventions |
| Analytics Platform | Helps health plans track outcomes and costs |
| Connected Devices | Supports continuous member data collection |
Leadership Comments
"Vheda was built on a simple premise: when you make healthcare easier for people to navigate, you can quantify and activate even the hardest-to-reach populations and fundamentally change their health and cost trajectory," said Shameet Luhar, CEO and Co-Founder of Vheda Health. "We have spent thirteen years proving that activation translates into measurable, defensible outcomes including more than $975 million in savings for our health plan partners and better lives for the members we serve.
"Vheda is exactly the kind of business we started Agora to back: a founder-built company that has proven it can activate the hardest-to-reach members in healthcare and bend their cost and outcomes trajectory," said Neil Vangala, Managing Partner of Agora. "Without institutional capital, Shameet and his team built a platform that health plans trust with their most complex populations.
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