Telehealth 98point6 Secures $20M, Signs First Tech Licensing Deal

Virtual primary care startup 98point6 raised $20 million in a funding round and also signed its first licensing deal for its technology with MultiCare Health System’s hybrid ambulatory care division Indigo Health.

“Indigo Health’s strategic partnership is a major milestone toward our vision to make achieving optimal health a reality for everyone,” Jay Burrell, President at 98point6 said in a press release on Friday (Sept. 2).

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“Labor shortages, lagging technologies, and a dynamic market have placed tremendous pressure on health systems to innovate across their customer journey, technology infrastructure, and operating models,” Burrell added.

The funding was backed by existing investors the Growth Fund of L Catterton and Activant Capital.

With its history dating to 1882 and Tacoma, Washington’s first hospital, MultiCare Health System is the largest healthcare network in the state and comprises 11 hospitals, comprehensive specialty care, and the urgent care platform Indigo Health, according to the release.

Launched in 2015, Indigo Health has 35 urgent care clinics across the state of Washington as well as on-demand virtual care. This year, the company added primary care services.

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“We started with a simple idea: to make a visit to the doctor as convenient and satisfying as going to your favorite coffee shop. Our strategic partnership with 98point6 will help us scale our digital capabilities to meet community demand and bring a new level of meaningful engagement to our customers,” said Ryan Fix, President, Retail Health at MultiCare.

“The healthcare landscape is changing quickly, with big players in the technology and healthcare sectors making significant investments in this direction. We know customers are eager to see the healthcare industry evolve and enhance digital capabilities for better care,” Fix added.

Headquartered in Seattle and co-founded in 2015 by CEO and Chairman Jeff Greenstein, Robbie Cape, and Gordon Cohen, 98point6 is striving to pioneer a new approach to primary care by pairing deep technology with the expertise of board-certified physicians.