DURHAM – Digital health startup Pattern Health is gearing up for growth with $3.3 million in new funding from a variety backers.
Founded in 2016, the company initially focused on patient compliance in cardio and orthopedics treatments, but use cases for its platform have expanded with the increasing demand for digital health programs.
DURHAM, N.C., Sept. 22, 2022 /PRNewswire/ — Pattern Health, a digital health company, today announced the closing of a $3.3 million series A funding round. The round was led by the Dr. William H. Joyce Family Office, with contributions from existing investors Cofounders Capital, The Launch Place, and Triangle Tweener Fund. Allen A. Spizzo of the Joyce Family Office has joined the board of directors.
Pattern Health says the Dr. William A. Joyce Family Office led the round. Other backers include Triangle Tweener Fund and previous Cofounders Capital and The Launch Place plus Triangle Tweener Fund.
In a 2021 interview with WRAL TechWire, Pattern Health CEO and co-founder Ed Barber said, “The COVID-19 pandemic made everyone on all sides more comfortable with remote care. It has been a catalyst for digital health adoption by both providers and consumers. It’s a transition underway for some time, but the pandemic accelerated it. We’ve gone through what might have taken five years in one.”
Pattern Health offers what it calls a “unique no-code digital health platform helps partners more quickly and cost-effectively research and develop new ways to improve care and, once proven effective, deliver their innovations at scale to improve more patients’ lives.”
“This is an exciting time for Pattern, our partners, and the patients who benefit from the solutions being developed and deployed on our platform,” Barber said in a statement. “We are thankful to the academic medical centers, health systems, and leading researchers that have put their trust in Pattern as their digital health innovation partner of choice. Our series A will enable us to more rapidly improve our technology, expand our footprint, and benefit more people at a greater scale.”