Augment Ventures November 2023
Fund III New Investment: Pair Team
“Bending the Cost of Healthcare to Exponentially Improve Health Outcomes for Medicaid Patients”
Pair Team is a virtual and community-based primary care solution connecting Medicaid’s highest-risk patients to high-quality care. It partners with safety-net primary care providers and acts as extension of the clinical staff to provide comprehensive clinical and mental health care while addressing the many social barriers to achieving a high quality of life such as access to housing, food, or transportation.
Augment Ventures invested in the company’s $9 million Series A round. The financing was led by NEXT VENTŪRES and saw participation from Kleiner Perkins, Kapor Capital, Newark Venture Partners, PTX Capital, Create Health Ventures, OCA Ventures, CHCF Innovation Fund, Y Combinator, Gaingels, and several notable healthcare angel investors. The funding will be used to accelerate Pair Team’s expansion across California and add new States by enabling the company to grow its network of safety net organizations and scale its current team to support additional patients. For for information please click here.
Neil Batlivala, CEO & Co-Founder
“Our country’s most vulnerable patients have always dealt with fundamental access challenges to housing, food, and other basic social health needs on top of their clinical needs. This is Medicaid’s regulatory moment to integrate our social support services into our care delivery system, Pair Team’s care model and technology platform is catalyzing this much needed change. By enabling existing community organizations, we strengthen our safety net healthcare system to connect underserved communities to high quality care”
In the News
Celera announced the appointment Pat Brockett as Chief Executive Officer and Alberto Viviani as Chief Operating Officer. Mr. Brockett brings over 35 years of executive experience in analog ICs. Mr. Viviani brings over 25 years of experience in analog electronics. For more on the announcement click here.
Secro has received legal and technical reliability certification from globally renowned law firm, HFW, for legal validity for UK’s Electronic Trade Document Act (ETDA). With this Secro becomes the only bill of lading with legal validity under both the Singapore Electronic Transaction Act and the ETDA. For more on the announcement click here.
ConverSight was named as one of Purpose Jobs’ top startup and tech companies to watch in 2024. To read more about the award and check out the full list of companies click here.