Turquoise Health Bags $40M to Crack Healthcare Pricing
Healthcare pricing platform Turquoise Health closes $40M Series C, pushing total funding past $95M.
Turquoise Health just locked down a $40 million Series C round, with Oak HC/FT leading the charge. The raise brings the healthcare pricing startup's total funding to $95.3 million.
The company builds a platform focused on healthcare pricing transparency and payments — a space that's gotten increasingly hot as hospitals and insurers face mounting pressure to make costs visible to patients.
Oak HC/FT, a venture firm specializing in healthcare and financial technology, is steering this latest round. The firm's involvement signals continued investor appetite for companies tackling the notoriously opaque world of medical billing.
At nearly $100 million in total capital raised, Turquoise Health is well-capitalized to push deeper into a market where pricing clarity remains more aspiration than reality for most consumers navigating the U.S. healthcare system.