What is UpStream?
Based in Greensboro, North Carolina, UpStream is dedicated to furnishing physicians with essential support and systems designed to eliminate factors that could compromise their independence and that of their patients. The company's focus on operational efficiency and physician autonomy positions it as a key player in the healthcare technology sector, aiming to streamline practice management and enhance patient care delivery through robust technological solutions.
How much funding has UpStream raised?
UpStream has raised a total of $185M across 2 funding rounds:
Series A
$45M
Series B
$140M
Series A (2021): $45M with participation from Dragoneer Investment Group
Series B (2022): $140M led by Mubadala, Coatue, Avidity Partners, Define Ventures Management, and Dragoneer Investment Group
Key Investors in UpStream
Mubadala
Mubadala is a global investment company based in Abu Dhabi, United Arab Emirates, with a mandate to create sustainable financial returns and foster a diversified economy.
Coatue
Coatue Management is an investment firm based in New York City that invests in public and private equity, as well as hedging markets globally.
Dragoneer Investment Group
Dragoneer Investment Group is an investment firm headquartered in San Francisco, California, providing investment services to both public and private clients.
What's next for UpStream?
With the recent infusion of $140M in a major strategic investment, UpStream is poised for accelerated expansion and further development of its physician support platforms. This substantial backing, contributing to a total funding of $185M, suggests a strategic push towards scaling operations, enhancing technological capabilities, and potentially broadening its market reach. The company's trajectory indicates a move towards solidifying its role as a critical infrastructure provider for independent medical practices.
See full UpStream company page
