Cadence Raises $100M Series C for AI-Powered Chronic Disease Management Platform
By
Katie Adams
Summary
Cadence, a New York-based health tech startup, raised $100 million in Series C funding (led by Spark Capital, totaling $241M raised) to scale its AI-powered chronic care platform. The company's system monitors patients at home and adjusts medications in real time for conditions like heart failure, hypertension, and diabetes. The U.S. struggles significantly with chronic disease management — fewer than 30% of adults with high blood pressure have it under control, and fewer than 10% of heart failure patients are on correct medications. Cadence, now valued at $1.23 billion, partners with health systems to address this crisis through automation.
Source
bskyCadence Raises $100M Series C for AI-Powered Chronic Disease Management Platformmedcitynews.comKey quotes
· 3 pulledThe U.S. does a terrible job managing chronic disease, and the data proves it.
The country spends more on healthcare than any other nation, yet fewer than 30% of U.S. adults with high blood pressure ever get it under control.
Fewer than 10% of heart failure patients are on the right medications at any given time.
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