The ‘best-kept secret in healthcare’ just raised a $70 million round

Written by Lydia Ramsey, Business Insider. 

You’ve likely never heard of Accolade, the digital health company that bills itself as a “healthcare concierge” service.

“We’re the best-kept secret in healthcare right now,” AccoladeCEO Raj Singh told Business Insider.

Now, the little-known company based in Seattle is making a big splash with a $70 million series E funding round led by Andreessen Horowitz. Madrona Venture Group and others also joined in on the round. This round brings their total funding to $160 million.

Accolade’s job is to act kind of like how a hotel concierge helps you out, by suggesting the best places to eat. But instead of a recommendation for a pizza place nearby, Accolade wants to give you direct guidance on the next steps you need to take if you need something for your health, like a new medication or to refill a prescription.

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