What you should know:
– Color, based in San Francisco, CA. health technology company committed to advancing public health, it announced a $ 100 million round of E-Series funding with a $ 4.6 billion valuation led by Kindred Ventures and certain funds and accounts advised by T. Rowe Price Associates, Inc. . with the participation of existing investors General Catalyst, Viking Global Investors and Emerson Collective.
– The color does population scale accessible, convenient and cost-effective health programs for everyone. Color works with national health systems, entrepreneurs and health initiatives around the world, such as Thermo Fisher Scientific, Salesforce, Teamsters Union, National Institutes of Health, the state of California and the city of San Francisco, and more 100 top employers and universities. Color provides the tools for preventive health and infectious disease management, including testing, vaccinations, and other services, and is responsible for the country’s largest school testing program.
Recent traction / Milestones
Over the past two years, Color has successfully implemented essential health care delivery programs in 16 states and at the federal level with the National Institutes of Health for employers, governments, and school systems. The company is currently running the largest COVID-19 testing program for K-12 schools in the country and has supported more than 6,500 tests and 500 vaccination sites nationwide. Now, Color will build on its model to offer new programs that offer the last mile of care to essential health services. Color will begin this expansion into essential health services and ITS services, providing programs that help populations gain access to screening, diagnosis, and initial treatments for a variety of health needs wherever they are.
Color’s offerings will now include vaccination and preventive health services for schools and employers, as well as infectious disease management programs for public health environments. The combination of existing offerings and new services expands the company’s work by creating technology and public health infrastructure for governments, entrepreneurs, and other institutions that serve large populations.
Strategic collaborations
Through partnerships with public and private institutions such as Thermo Fisher Scientific, PerkinElmer, Salesforce, Teamsters Union, National Institutes of Health, the state of California and the Massachusetts Executive Office of Health and Human Services, infrastructure and software of Color they do It is possible that large populations receive essential health services directly where they live or work. Color has partnered with nearly 1,000 organizations, including public health departments, universities, and businesses to provide access to fast, reliable, and convenient health services.
“What we have built will serve as a critical piece of public health infrastructure to provide access to health services to those who need them most,” said Othman Laraki, CEO of Color. “We have learned that there is an exponential increase in people’s ability to use these services as they become simpler and more comfortable. Public health should go where public life goes. “
