Yuvo Health, a New York-based technology-enabled administrative and managed-care solution for community health centers, raised $20.2M in Series A funding.
The round, which brought the total amount to $27.5M, was led by Mastry Ventures, with participation from previous investors including AlleyCorp, AV8 Ventures, and New York Ventures, and new investors including HLM Venture Partners, Route 66 Ventures, VamosVentures, and Social Innovation Fund. In conjunction with the funding, Fatima Husain, Co-Founder and General Partner for Mastry Ventures, joined Yuvo Health’s Board.
The company intends to use the funds to go to new markets with more revenue models.
Launched in January 2021 and led by CEO Cesar Herrera, Yuvo Health partners with healthcare centers, supporting them every step of the way as they extend their reach, while continuing to deliver high quality of care, by leveraging sustainable payment systems, scalable infrastructure, and partnerships within the value-based care ecosystem.
The company currently serves community health centers and Independent Physician Associations (IPAs) in the Northeast and Midwest, with plans to expand into other markets soon.