Grand Rounds, Physician-Patient Matching Service Raises $55M

Grand Rounds is a digital health startup based out of San Francisco that pairs patients with physicians. It garnered $55 million in the late-stage funding round led by an anonymous mutual fund investor, Greylock Partners, and Venrock. The additional $55 million brings Grand Rounds funding to a total of $106 million. It plans to use the new money to expand its technology platform, analytics platform and care team.

According to the CEO of Grand Rounds, Owen Tripp, the company hopes to assists patients by eliminating their barriers to care during the current times of consolidation. Grand Rounds is becoming increasingly successful because it is able to improve outcomes and reduce cost and waste. Currently, Grand Rounds offers three main services: allows patients to get a second opinion from specialists around the country, serves as a referral service to pair consumers with physicians, allows patients hospitalized for a serious illness to connect their doctors with top medical specialists to discuss diagnoses and treatments. 

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