Thyme Care raises $95 million for value-based oncology providers


A most cancers care navigation startup has raised $95 million from outstanding tech buyers to assist payers and suppliers spend much less on most cancers sufferers whereas enhancing their well being — together with by doling out incentive funds to suppliers and retaining a minimize of insurers’ financial savings.

Thyme Care’s Collection C spherical included new investor Harmony Well being Companions, and repeat buyers similar to City Corridor Ventures, Andreessen Horowitz, Foresite Capital and CVS Well being Ventures, the corporate instructed STAT completely. This follows its $60 million Collection B, raised nearly a yr in the past, bringing whole funds to $178 million.

The dimensions and timing of the deal counsel buyers, more and more centered on monetary viability, see huge alternative in most cancers care, which, by some estimates, prices People tons of of billions of {dollars} a yr.

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