New York, the USA-based provider of a tech-enabled healthcare service, Juno Medical, raised USD 12 million in Series A. The round took place on December 9, 2022. Julian Eison, Managing Partner at NEXT VENTURES, and Serena Williams, Managing Partner at Serena Ventures, co-led the financing for the firm. Meanwhile, Vast Ventures, Empire State Development’s New York Ventures, TXV Partners, Genius Guild, and Gaingels joined in the round. Besides, previous investors Atento Capital and Humbition participated in the financing.
Purpose of financing for Juno Medical
With the latest proceeds from the Series A round, the company intends to continue the development of its technology platform.
Besides, Juno Medical seeks expansion into new markets, such as Atlanta, Georgia, Tulsa, Oklahoma, and Los Angeles, California.
What the founder has to say
Founder and CEO Dr Akili Hinson, said, “Juno’s vision is to reimagine the future of healthcare by finally making exceptional, family-centred care accessible and affordable for the 99% all across the United States. At Juno, we’ve designed healthcare that people love by providing the highest quality care and incredible service in a beautiful environment that feels like a place to belong—all powered by modern technology. We are honoured by the support of the thousands of patients who have trusted us with their care and our investors who believe in us — we could not be more excited to bring Juno to more neighbourhoods and communities all across the country.”
What the investors have to add
Julian Eison, the Managing Partner of NEXT VENTURES, further commented, “It brings joy to my heart knowing Juno is on a mission to bring exceptional healthcare to cities and developing areas of our nation where suboptimal care, facilities, and services have been tolerated out of necessity for way too long. I believe Juno’s hybrid approach leveraging brick-and-mortar clinics paired with digital access is an enduring model that will serve as the fundamental basis to build community trust and outcomes to match. It’s an honour to have partnered with such an esteemed team, attacking one of the largest problems of our time.”
In addition, Serena Williams, Managing Partner of Serena Ventures, said, “It is an honour to partner with Juno. We seek to expand upon their inclusive, full-service healthcare home model. People from all backgrounds feel seen, heard, and further feel welcome here. There is a serious need to address equity issues in healthcare, mental health and wellness services that many communities face. Juno and its talented team have the vision, model and track record to disrupt the unacceptable status quo in healthcare.”
Besides, Hope Knight, President, CEO and Commissioner of Empire State Development, said, “Empire State Development’s New York Ventures exists to partner with promising startups that are working to solve the world’s most important challenges, and we are proud to support Juno Medical as they strive to provide exceptional healthcare to New Yorkers, especially in areas that are often overlooked or left behind. Juno’s success in New York State is a road map for the future as well as a proven model for delivering quality, affordable healthcare for all.”
For more extensive analysis and Market Intelligence reports, feel free to approach us.
We try our best to fact-check and bring well-researched as well as non-plagiarized content to you. Please let us know
if there are any discrepancies in any of our published stories,
-how we can improve,
-what stories you would like us to cover
–what information you are looking for, in the comments section below or through our contact form! We look forward to your feedback, and thank you for stopping by!
Next Article
