Tech Company Financing Transactions

UpStream Funding Round

UpStream, based in Greensboro, secured $140 million from Coatue Management, Avidity Partners and Define Ventures.

Transaction Overview

Company Name
Announced On
12/2/2022
Transaction Type
Venture Equity
Amount
$140,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to scale its model to physicians nationwide.

Company Information

Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
1100 Revolution Mill Dr 10
Greensboro, NC 27405
USA
Email Address
Overview
UpStream was founded by Fergus Hoban in 2018 with the bold ambition to eliminate the burden of avoidable suffering through advanced primary care. He recognized the challenge for primary care physicians who know what is required but are often under-resourced within their practices and overwhelmed by the administrative, regulatory, and resourcing demands placed on them. Guided by this founding ambition UpStream has grown and evolved, bringing together nationally recognized leaders to develop further the clinical, technological, financial and policy expertise needed to deliver a comprehensive, whole person healthcare solution. Our innovative approach has been proven to reduce the immense burden primary care physicians face while enhancing the benefits to them, their practice, and, most importantly, their patients. Simply put, we restore the physician-patient relationship.
Profile
UpStream LinkedIn Company Profile
Social Media
UpStream Company Twitter Account
Company News
UpStream News
Facebook
UpStream on Facebook
YouTube
UpStream on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sanjay Doddamani
  Sanjay Doddamani LinkedIn Profile  Sanjay Doddamani Twitter Account  Sanjay Doddamani News  Sanjay Doddamani on Facebook
Chief Financial Officer
Thomas Tran
  Thomas Tran LinkedIn Profile  Thomas Tran Twitter Account  Thomas Tran News  Thomas Tran on Facebook
Chief Medical Officer
David Grapey
  David Grapey LinkedIn Profile  David Grapey Twitter Account  David Grapey News  David Grapey on Facebook
Chief Operating Officer
Steve Neorr
  Steve Neorr LinkedIn Profile  Steve Neorr Twitter Account  Steve Neorr News  Steve Neorr on Facebook


 

 

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Our team works diligently to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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