Habitat Health closed $50M funding round

Habitat Health secured more than $50 million in capital. The funding came from investors Town Hall Ventures, New Enterprise Associates (NEA), and Kaiser Permanente.

Habitat Health is an integrated healthcare payer and provider that empowers older adults to manage their health and maintain independence in their homes and communities. The company offers health insurance coverage as well as medical and social care in its centers and in participants' homes. The funds will be used to expand operations, development efforts, and bring new access points for high-quality care to historically underserved communities. Habitat Health plans to open its first Program of All-Inclusive Care for the Elderly (PACE) center with Kaiser Permanente in California in 2025, with plans for further expansion across California and nationally.