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DispatchHealth gets $75 million in debt with $259 million equity raise
Chicago, Nov. 23 – DispatchHealth announced borrowing $75 million in debt financing in a press release on Wednesday.
The financing, which carries the potential for an additional $75 million available for growth initiatives, came from K2 HealthVentures, Silicon Valley Bank and SVB Capital.
The equity round for $259 million was led by Optum Ventures, with participation from new investors Adams Street Partners, Blue Shield of California.
The company is an in-home, high acuity medical care provider based in Tempe, Ariz.
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