Tech Company Financing Transactions

Develop Health Funding Round

Develop Health, based in Menlo Park, received $14.3 million in funding from Wing Venture Capital, Afore Capital and J Ventures.

Transaction Overview

Company Name
Announced On
8/21/2025
Transaction Type
Venture Equity
Amount
$14,300,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to accelerate its expansion beyond its core work helping digital health companies navigate the pharmacy benefit space

Company Information

Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
1300 El Camino Real 100
Menlo Park, CA 94025
USA
Email Address
Not Recorded
Overview
We're improving communication between healthcare providers and insurance companies. Our mission is to connect healthcare providers and insurance companies through a low-latency, high-fidelity interface. To start we're improving patient access to medications and reducing clinician burden by building better medication utilization digital infrastructure.
Profile
Develop Health LinkedIn Company Profile
Social Media
Develop Health Company Twitter Account
Company News
Develop Health News
Facebook
Develop Health on Facebook
YouTube
Develop Health on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mel van Londen
  Mel van Londen LinkedIn Profile  Mel van Londen Twitter Account  Mel van Londen News  Mel van Londen on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/21/2025: Highway venture capital transaction
Next: 8/21/2025: Anthropic venture capital transaction

 

Share this article

 


About Database of VC Transactions

Our team works diligently to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary