Patient engagement platform Luma Health has wrapped up a Series C funding round totaling $130 million, which represents a sizable chunk of its now $160 million investment treasury. Since its inception in 2015, Luma has managed 2x growth year-over-year and a staggering 900% three-year growth. These impressive numbers have landed the company on the list of the Inc. 5000 Fastest-Growing Private Companies, and if this trajectory continues, Luma could be connecting around one-quarter of all Americans to care next year. The momentum will also help the company fulfill its international scaling ambitions.
Luma Health Co-Founder and Chief Executive Officer Adnan Iqbal said, "In the tight-knit community of enterprise healthcare, word of Luma Health has gotten out. With this investment, we will continue to meet the demands of leading healthcare delivery systems nationwide and deliver on our promise to our customers: helping transform the complexities of healthcare into convenient, seamless experiences for their patients."
Luma has made lasting impacts for a plethora of health systems, FQHCs, hospitals, and clinic networks with its platform's ability to unify and automate patient healthcare journeys. These organizations include Montefiore Medical Center, Cook County Health, Banner Health, and Franciscan Alliance, as well as leading FQHCs such as CommuniCare Health Centers and Sun River Health. Clients utilize the over 25 ready-to-use, customizable solutions in addition to scalable integration features to generate made-to-measure patient experiences. One of Luma's most successful initiatives was its expeditious roll out of mass COVID-19 vaccination campaigns serving two million patients.