- Aledade, a Bethesda, Md.-based company enabling doctors to control health care, closed a $100m Series D funding round
- Meritech Capital led the round, which also included new growth investors Tiger Global Management and IVP, and returning investor OMERS Growth Equity
- The company also intends to use the funds to expand its value-based care model with health plans across the country
- Aledade partners with independent practices, health centers, and clinics to build and lead Accountable Care Organizations (ACOs) anchored in primary care
- The company now partners with nearly 800 independent primary care practices
- The company manages roughly $12 B in health care spending through 35 Medicare and 51 other value-based contracts and Aledade ACOs care for nearly 1.2M patients
