Arcadia Healthcare raises $30m of growth capital

Arcadia Healthcare Solutions has secured $30 million of growth capital from Merck Global Health Innovation Fund, GE Ventures, and existing investors Peloton Equity, Zaffre Investments, and Morgan Stanley Alternative Investment Partners.

Arcadia is a healthcare data aggregation and analytics technology company with a focus on serving ambulatory networks affiliated with large payer and provider organizations, including health plans, accountable care organizations, integrated delivery networks, and large independent physician groups, among others.

“Having Merck GHI and GE Ventures join existing investors in this round of growth capital is the optimal outcome for us,” said CEO Sean Carroll. “The rigorous process expands our team of blue chip investors who actively support their companies’ growth plans.”