GROWTH CAPITAL ADVISORY

Advise Health Holdings Receives $100 Million Investment, Led by Oak HC/FT

March 2021
Advise Health Holdings (Advise), a leading and licensed Medicare agency, completed its first capital funding round of $100 million. The capital raise was led by Oak HC/FT, which focuses on investing in tech-enabled healthcare and financial services companies, with participation from Adams Street Partners and Hamilton Lane. Advise is currently in 20 markets nationwide, and this new capital will allow the company to expand to approximately 100 markets across 40 states over the next two years, including in Orlando, Tampa, El Paso and Austin. Advise will also use this funding to further scale the technology that supports and engages with patients at their convenience. The enhanced technology gathers more comprehensive customer data to deliver a benefit design that is ideal for the patient and vetted across thousands of databases nationwide.
 
TripleTree, LLC acted as the exclusive financial advisor to Advise for this transaction.

Read the full press release from Advise Health Holdings.
 
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