ADIA invests $50-60 mn in Purplle at $1.1 bn valuation
The investment is mostly through secondary transactions as some of Purplle’s early investors decided to exit, the people cited above said on condition of anonymity.
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The investment is mostly through secondary transactions as some of Purplle’s early investors decided to exit, the people cited above said on condition of anonymity.
Carta Healthcare recently closed a $20 million Series B financing round. , The company is a San Francisco-based provider of clinical data solutions, and its mission is to reduce the amount of time clinicians spend on mundane administrative tasks. Carta's technology is currently used at 245 hospitals across 18 health systems — the company will use its new funds to scale its customer base.
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The funding round also saw participation from Paramark Ventures & Kuku FM’s existing investors KRAFTON, 3one4 Capital, Vertex, among others.
Kuku FM is Fundamentum’s first investment from its $227-million second fund, which was launched in August. Prateek Jain, who’s Principal at Fundamentum, will be joining Kuku FM’s Board.