League, a digital health platform, raised $95 million in new financing, according to a news release Tuesday.
TDM Growth Partners led the Series C funding round, with additional investment from Workday Ventures and existing investors. League plans to use the money to develop its technology and grow its business with providers, payers and consumers. The company has raised more than $200 million since its founding in 2014.
“We are proud to play a role in League’s vision for the future of healthcare and the transformation of care delivery,” Jess Bell-Allen, an investment team member at TDM Growth Partners, said in a news release. “We appreciate and understand the scaling journey of pre-IPO companies and what it takes to transition them successfully to the public markets.”
League pitches itself as an open, customizable cloud-based operating system for digital health. The company’s technology uses the Fast Healthcare Interoperability Resources standard for healthcare data and Google Cloud Platform Healthcare application program interface. Its customers include Humana, Shopify and Shoppers Drug Mart.
“It will harness data from electronic health records, claims, health and wellness devices and third-party partners to deliver deeply personalized digital health experiences and create a cohesive, omnichannel experience for the consumer,” the news release said.
League is one of many startups trying to capitalize on the healthcare industry’s push toward interoperability, which could enable widespread data sharing and open the door to new products, services and models of care delivery.
Health information management startups raised $8.7 billion in 2021, including $1.9 billion during the fourth quarter, according to data from Digital Health Business & Technology.