Dallas Startup Catapult Health Announces $10 Million Series B Funding Infusion

Dallas-based startup Catapult Health announced that it has raised $10 million in Series B funding and secured a partnership (and a hefty investment) from Colorado health system UCHealth.

Catapult is an in-network provider that travels to workplaces to provide basic primary care services. Nurse practitioners visit the sites and offer screenings for employees and pin who is at risk of developing preventable diseases like type 2 diabetes. It last raised $8.5 million in February of 2015.

The company recently conducted an analysis of more than 6,000 patients in 54 employer groups, finding a 66 percent drop in uncontrolled hypertension and a 22 percent drop in metabolic syndrome. Patients seen by Catapult nurse practitioners also showed a 57 percent improvement in blood pressure medication use. UCHealth has seven hospitals and more than 100 clinics. Catapult will launch within the system’s delivery network in 2017. In a release, the company said its Series B funding would pay for more NPs and would “accelerate its rapid national customer growth.”

Posted in News, Technology, Wellness.