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CORRECTING and REPLACING Vim, a Healthcare Platform for Health Plan-provider Collaboration, Raises $24 Million in Series B Financing Led by Optum Ventures and Premera Blue Cross

September 9, 2019

SAN FRANCISCO--(BUSINESS WIRE)--Sep 9, 2019--

Please replace the release with the following corrected version due to multiple revisions.

The corrected release reads:

VIM, A HEALTHCARE PLATFORM FOR HEALTH PLAN-PROVIDER COLLABORATION, RAISES $24 MILLION IN SERIES B FINANCING LED BY OPTUM VENTURES AND PREMERA BLUE CROSS

Vim, Inc., a health care technology company that aligns incentives between health plans and care providers to empower value-based care decisions, has completed a $24 million Series B financing round led by Optum Ventures and Premera Blue Cross. The round also included follow-on investments by Great Point Ventures and Sequoia Capital and an investment from Leverage Health Solutions.

Vim will use this investment to fuel rapid expansion across new U.S. markets, and accelerate product development and hiring initiatives.

Health plans and care providers still face significant challenges working together to drive value-based care. Vim’s platform helps promote affordable, convenient, high-quality care by helping doctors choose the right care providers and guiding patients to optimal care providers through online booking. The company’s platform is powered by collective intelligence from health care data and human expertise.

“Vim’s platform helps remove the complexity of navigating the health care system and uniquely positions us to align stakeholders. It’s more important than ever that we use technology to help patients access high-quality care and reward care providers for delivering value. We’ve already proven we can drive a meaningful impact in Washington, Alaska, Florida and Texas, and we’re excited to leverage our recent investment to reach more patients and care providers,” said Vim’s co-founder and CEO Oron Afek.

“Vim’s unique ability to help patients find, schedule and receive the highest-quality care while promoting health plan and care provider collaboration will lead to better care outcomes for patients,” said Jon Bunker, Fund Advisor for Optum Ventures.

Richard Lungen, managing member of Leverage Health Solutions and pioneer in structuring Vim’s go to market strategy commented, “Vim is achieving incredible results with its clients, proving that they are well-positioned to continue to drive real value and define the marketplace. These investments are a material validation of Vim’s value proposition and growth.”

Since its inception in 2015, the company has raised a total of more than $37 million. For more information, visit Vim’s new website at https://getvim.com/.

About Vim

Vim, a healthcare platform, aligns incentives between payers and healthcare providers to empower value-based care decisions. Vim empowers providers with actionable insights to ensure patients get the best care for their needs, and guides patients to top doctors in virtual networks.

Founded by Oron Afek, Asaf David and Yael Peled in 2015, Vim already has access to 10,000,000 lives and 150,000 providers through major health plan partners in the US.

Vim is headquartered in San Francisco with an office in Tel Aviv. For more information, please visit https://getvim.com/

About Optum Ventures

Optum Ventures is the independent venture fund of Optum, a leading information and technology-enabled health services business dedicated to helping make the health system work better for everyone. Optum Ventures invests in digital health companies that use data and insights to help improve consumers’ access to health care services and how care is delivered and paid for, and that make the health care system more reliable and easier to navigate. For more information, visit www.optumventures.com

About Premera Blue Cross

Premera Blue Cross, a not-for-profit, independent licensee of the Blue Cross Blue Shield Association based in Mountlake Terrace, Wash., is a leading health plan in the Pacific Northwest, providing comprehensive health benefits and tailored services to approximately 2 million people, from individuals to Fortune 100 companies.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190909005167/en/

CONTACT: Andrea Vuturo

Panormus Group

(415) 689-8414

andrea@panormus.us

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: MANAGED CARE SOFTWARE OTHER HEALTH MOBILE/WIRELESS NETWORKS INTERNET DATA MANAGEMENT TECHNOLOGY HEALTH

SOURCE: Vim, Inc.

Copyright Business Wire 2019.

PUB: 09/09/2019 03:12 PM/DISC: 09/09/2019 03:12 PM

http://www.businesswire.com/news/home/20190909005167/en

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