KeyCare secured a $27.4 million funding round to scale its digital healthcare solution. The company’s virtual care medical group serves as a primary care extension partner for health systems. This latest capital raise, led by HealthX Ventures, brings KeyCare’s total raised capital to over $55 million.
The company’s clinicians provide virtual urgent, preventive, chronic and primary care while keeping virtual-first visits connected to a patient’s home health system, such as UChicago Medicine. Its electronic medical record system and telehealth platform are built on Epic software, enabling it to integrate with existing clinical workflows and data infrastructure.
With its new capital, KeyCare will invest in AI-enabled technology and expand its operational capacity to meet demand from health systems. It will also scale its platform, making improvements to the patient experience and enhancing provider efficiency.
“Access is one of the defining challenges in healthcare,” Sulabh Agarwal, KeyCare’s CEO, said in a statement. “Health systems are under pressure to deliver timely care, but the infrastructure wasn’t designed for how patients actually seek care today. This funding allows us to continue building a tech-first, coordinated virtual care model that works within the existing healthcare ecosystem, not around it.”
