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Golub Capital leads $72m Tebra fundraising round at $1bn-plus valuation

Tebra, a healthcare technology specialist, has secured more than $72 million in funding at a valuation greater than $1 billion.

Tebra, a healthcare technology specialist, has secured more than $72 million in funding at a valuation greater than $1 billion.

Golub Capital led the investment which includes both growth equity and debt financing. 

Late last year, Kareo and PatientPop, cloud-based leaders in clinical, financial, and practice growth technology, joined forces to form Tebra to support the connected independent practice of the future and modernise patient care. This capital infusion will accelerate Tebra’s merger plans including expanding market share, developing and launching the combined product line and advancing the new branding for the company. Tebra supports over 100,000 providers who are delivering care to more than 90 million patients in the US.

Tebra’s top-tier institutional investors also include CommonFund, HLM Venture Partners, OpenView Venture Partners, StepStone Group, Stripes Group, Montreux Equity Partners, Toba Capital, Transformation Capital and Vivo Capital.

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