Equity Financings

The contemplated transaction will result in the existing Stonepeak note, totaling approximately $470 million, being cancelled and converted into shares of the company. In addition, Stonepeak will invest $130 million in new money into the company as a capital contribution.

Headquartered in San Diego, CA, IOH provides care to deliver optimal clinical outcomes for patients while driving substantial cost savings within the healthcare system.

Next Ventures led, and was joined by YC, PTX Capital, Kapor Capital and Kleiner Perkins.

GV led, and was joined by Great Oaks Venture Capital, Humbition, Vanterra and Gaingels.

Hinge Health reportedly has about $400 million cash on hand.

Memorial Hermann joins existing institutional investors Santé Health, Martin Ventures, LRV Health, and Sable Investments, as well as strategic investors City of Hope, McKesson Ventures, and Colorado University Anschutz Medical Campus.

Hallmark partners with health systems, hospitals, physician groups and other healthcare organizations to overcome their labor-related challenges.

Unnamed angel investors participated in the funding round.

RA Capital Management led, and was joined by Waterline Ventures.

Foundry and Escalate Capital Partners led, with participation from Bonfire Ventures, Daher Capital, Navigate Ventures, Attento Capital, OpenView, 500 Global, SOSV, and Jumpstart Capital.