Amazon, Dell Founders Help Fund Healthcare Startup
A Seattle startup that provides primary health care for a flat monthly fee is getting some big-name financial backers from the technology industry: Jeff Bezos and Michael Dell.
Qliance Medical Management Inc. says it has raised $6 million in new funding in a financing round led by Bezos Expeditions, the personal investment company of Amazon.com’s (AMZN) CEO; additional financing came from MSD Capital, Michael Dell’s investment firm. The actor and comedian Drew Carey, Seattle venture capital firm Second Avenue Partners and other investors also joined in the funding of Qliance, which has raised a total of $13.5 million to date.
Qliance operates three clinics in the Seattle area that offer primary care treatment to patients who pay a monthly membership fee ranging between $44 and $84, depending on their age. The company accepts no form of health insurance for its services. Qliance intends to use its financing to expand in Washington State, with plans to open clinics beyond the state as early as next year.
