What is Lark?
Headquartered in Mountain View, California, Lark operates at the intersection of technology and healthcare, delivering comprehensive virtual care through a sophisticated combination of AI coaching, smart devices, and tele-monitoring. The company's platform aims to empower individuals to manage their health proactively, offering personalized support and continuous engagement. Lark's approach addresses the growing demand for accessible and effective digital health solutions, positioning it as a key player in the transformation of healthcare delivery.
How much funding has Lark raised?
Lark has raised a total of $198.2M across 8 funding rounds:
Unspecified
$1M
Series A
$3M
Private Equity
$3.1M
Series B
$20M
Multiple Rounds
$71M
Series D
$100M
Unspecified (2011): $1M with participation from Lightspeed Venture Partners
Series A (2013): $3M, investors not publicly disclosed
Private Equity (2013): $3.1M supported by Fenox Venture Capital
Series B (2017): $20M, investors not publicly disclosed
Debt (2020): $1M backed by PPP
Debt (2020): $15M with participation from Trinity Capital and Bridge Bank.
Series C (2020): $55M led by King River Capital Pty Ltd
Series D (2021): $100M supported by Deerfield, King River Capital, Franklin Templeton, and PFM Health Sciences
Key Investors in Lark
Deerfield
Deerfield Management is an investment firm focused on advancing healthcare through investment, intelligence, and philanthropy. The firm supports companies across the healthcare ecosystem with flexible funding models and drives innovation using AI, data, and market research.
King River Capital
King River Capital is a venture capital firm that invests in high-growth technology businesses and exceptional teams globally, focusing on solving critical market problems. The firm prides itself on being personal, attentive, accessible, and smart, providing tailored support to its portfolio companies.
Franklin Templeton
Franklin Templeton is a global investment management organization that provides investment management expertise, wealth management, and technology solutions to clients in over 165 countries. The firm offers specialized investment capabilities across multiple asset classes including equity, fixed income, multi-asset solutions, and alternatives.
What's next for Lark?
With its recent major strategic investment and substantial overall capital raised, Lark is poised for accelerated growth. The company is likely to leverage this financial backing to enhance its AI coaching capabilities, expand its range of smart devices, and broaden its tele-monitoring services. Further investment may also be directed towards strategic partnerships, market penetration, and scaling its operations to meet increasing demand for virtual care solutions. The enterprise-level funding suggests a focus on robust expansion and solidifying its market leadership in the digital health sector.
See full Lark company page
