Iora Health
One Medical shareholders will now own 73% of the joint company and Iora Health shareholders will have 27%.
The company plans to use this M&A to gain a foothold in the Medicare space.
The round was led by Indian firm Premji Invest with participation from Cox Enterprise, Temasek F-Prime Capital, Devonshire Investors, .406 Ventures, Flare Capital Partners, Polaris Partners and Khosla Ventures.
Also: Pritzker Group Venture Capital announces slew of promotions and Grand Rounds taps former USF chief medical officer Dr. Ami Parekh for same role.