Loyal Closes $33.5 Million in Series B
Loyal, an Atlanta, Georgia-based healthcare technology company focused on digital patient engagement, has closed a $33.5 million Series B financing round.
The round saw continued support from existing investors, including Concord Health Partners, along with several strategic investors.
Loyal’s Use of Funds
The company will use the funding to expand its customer base, enhance product development, support customer success, and accelerate its growth trajectory.
Founded in 2015, Loyal is a healthcare consumer experience company solely dedicated to improving patient care. The company develops a consumer engagement platform that helps health systems improve efficiencies, expand patient access, and drive revenue growth. Used by the nation’s health systems and hospitals, Loyal’s AI-powered solution makes it easier for patients to connect and access care across their entire health journey.
Funding Details
Company: Loyal Health, Inc.
Raised: $33.5M
Round: Series B
Funding Date: July 2024
Investor: Concord Health Partners
Company Website: https://loyalhealth.com/
Software Category: Healthcare