Providence expands investment in patient-provider matching startup

Kyruus, developer of search and scheduling software for healthcare providers, closed a $42 million Series D funding round that included participation from Renton, Wash.-based Providence's venture arm.

Providence Ventures previously invested in Kyruus' $25 million Series C in 2015, as well as a $10 million strategic fundraise closed in 2018.

"To compete effectively with both traditional and new care options and collaborate with emerging digital platforms, health systems need to be digital transaction-ready," Aaron Martin, executive vice president and chief digital officer at Providence and managing general partner of Providence Ventures, said in a news release. "Providing consumers with a modern and accurate provider search experience is core to these efforts, making the Kyruus platform a critical part of a health system's digital stack."

In 2019, Kyruus added 20 new health system partners to its platform, according to the release, and now counts more than 50 of the top 300 health systems in the U.S. among its clients. The company also recently announced partnerships with consumer-facing companies such as Uber Health and Brandify.

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