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- Cadence Solutions
Cadence Solutions Revenue, Valuation, Funding & Investors
Cadence Solutions is valued at $1.2B as of June 2026.
Last Cadence Solutions valuation
$1.2B
Series C · Jun 2026
Last Cadence Solutions funding round
$100M
Series C · Jun 2026
Cadence Solutions revenue
$35M
Series B · Dec 2021
Key investors in Cadence Solutions
General Catalyst
Thrive Capital
Coatue
Spark Capital
B Capital
K5 Global
About Cadence Solutions
Cadence is a health technology company enabling virtual and in-home care programs for major US health systems including Intermountain Healthcare and CommonSpirit Health. Headquartered in San Francisco, its platform coordinates post-acute care, chronic disease management, and transitional care through nurse-led teams, telehealth, and data analytics to reduce readmissions.
Founded
2020
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$35M (Dec 2021)
Valuation
$1.2B (Jun 2026)
Cadence Solutions Valuation
Cadence Solutions is currently valued at $1.2B, based on its Series C in June 2026.
The $100M round was led by Spark Capital, with participation from General Catalyst, Corewell Health Ventures, Memorial Hermann Hospital, B Capital, Thrive Capital and 2 other investors.
Cadence Solutions' valuation has grown 1.2x from $1B at its Series B in December 2021 to $1.2B in June 2026, across 2 priced rounds.
Cadence Solutions valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jun 2026 | Series C | $1.2B | - |
| Dec 2021 | Series B | $1B | 28.6x |
Cadence Solutions Revenue
Cadence Solutions' latest recorded revenue is $35M, as of its Series B in December 2021. At a $1B valuation, that implies a 28.6x revenue multiple.
Cadence Solutions revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Dec 2021 | $35M | $1B | 28.6x | Series B |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Cadence Solutions Funding History
Cadence Solutions has raised a total of $241M across 3 funding rounds.
Cadence Solutions' first fundraising round was a $41M Series A in August 2021. The most recent completed round was a $100M Series C in June 2026.
Cadence Solutions funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2026 | Series C | Spark Capital (lead); General Catalyst; Corewell Health Ventures; Memorial Hermann Hospital; B Capital; Thrive Capital; Coatue; Duke Health | $100M | $1.2B | Cadence, a New York-based clinical AI startup automating chronic care for older adults, raised $100 million in a Series C round on June 23, 2026, led by Spark Capital, achieving a post-money valuation of $1.2 billion. The round included participation from Thrive Capital, General Catalyst, Coatue, B Capital, and venture arms of Corewell Health, Memorial Hermann, and Duke Health, bringing total funding to $243.46 million. Strategically, the capital will scale AI agents to serve over 56 million older adults with chronic diseases, expand across new health systems, advance AI capabilities, and grow value-based care models, transitioning from remote monitoring billing to a regulated-AI platform for hypertension, diabetes, and heart failure. Cadence, founded by Chris Altchek, previously emerged from stealth with $41 million and a partnership with LifePoint Health, and its Series A was led by Thrive Capital. |
| Dec 2021 | Series B | Coatue (lead); K5 Global; General Catalyst; Thrive Capital | $100M | $1B | Cadence Solutions is a digital health company providing a remote patient monitoring (RPM) and virtual care platform designed to manage chronic conditions such as COPD, hypertension, heart failure, and Type 2 diabetes. The platform uses connected devices to track patient vitals including heart rate, blood pressure, blood glucose, and weight, enabling providers to adjust care plans, facilitate clinician-patient communication via calls, texts, or telehealth, and deliver guideline-directed medical therapy, particularly for rural patients. On December 14, 2021, Cadence raised $100 million in a Series B funding round led by Coatue Management, with participation from existing investors General Catalyst, Thrive Capital, and K5 Global. This round boosted the company's post-money valuation to $1 billion, following an earlier $41 million seed round in August 2021 at a lower valuation. Forge Global lists the Series B amount as $115 million with a price per share of $4.60 and 24,992,394 shares outstanding, confirming the $1B post-money valuation. The funding aims to scale operations, accelerate hiring (targeting 155 clinicians by July 2022), expand partnerships with health systems like LifePoint Health, and broaden support for additional conditions and care pathways amid growing demand for home-based care post-pandemic. CEO Chris Altchek emphasized building innovative digital infrastructure to reduce care disparities and lower costs by treating conditions at home. Cadence operates in the fast-growing RPM and virtual care market, where chronic disease management is critical, as six in ten U.S. adults have at least one chronic condition per CDC estimates. Competitors include Current Health (acquired by Best Buy), Biobeat, and OnSky Health. Investors like Coatue's Aaron Weiner highlighted Cadence's potential to transform healthcare access regardless of location. |
| Aug 2021 | Series A | General Catalyst (lead); Thrive Capital (lead); Hugo Barra; Adam Boehler; Metrodora Ventures; Martin Ventures | $41M | - | Cadence Solutions is a health technology company based in New York that helps health systems deliver personalized care outside hospitals using machine learning to analyze patient vitals for real-time disease management. The company has raised total funding of $141.9 million across three rounds, with a most recent funding amount listed as $100 million. A later Series B round of $100 million was led by Coatue Management, with participation from existing investors General Catalyst and Thrive Capital, aimed at building infrastructure for health systems to support virtual care post-pandemic. |
Who has invested in Cadence Solutions?
13 investors have backed Cadence Solutions across its funding rounds, including General Catalyst, Thrive Capital, Coatue, Spark Capital, B Capital and K5 Global.
Lead investors include Spark Capital, Coatue, General Catalyst and Thrive Capital.
Cadence Solutions Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Aug 2021 | ||
| 3 | Lead | Aug 2021 | ||
| 2 | Lead | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Aug 2021 | ||
| -- | 1 | Participant | Jun 2026 | |
| 1 | Lead | Jun 2026 | ||
| 1 | Participant | Aug 2021 | ||
| 1 | Participant | Jun 2026 | ||
| 1 | Participant | Aug 2021 | ||
| 1 | Participant | Jun 2026 | ||
This data is available for Pro users. Sign up to see all 13 Cadence Solutions investors. Start Free Trial | ||||
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Start Free TrialCadence Solutions Competitors
Cadence Solutions competitors include listed companies like Guiyang Longmaster and Medley Inc., and private ones like Assort Health, Tala Health, Wheel and League.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $3M | - | $1.2B | - | ||
| Private | - | - | $1.2B | - | ||
| Private | - | - | $1.2B | - | ||
| Private | - | - | $1.2B | - | ||
| Publicly listed | $44M | $5M | $482M | - | ||
| Publicly listed | $236M | $32M | $459M | 1.8x |
Cadence Solutions Public Comps
Cadence Solutions is still privately-owned, but its public comps include U.S. Physical Therapy, GoodRx, Teladoc, EverCommerce, PHC Holdings, Vitec Software, iFLYHealth, Indegene, Omnicell and JMDC.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $781M | $110M | 2.5x | 2.3x | 17.5x | 18.9x | |||
| $797M | $173M | 1.8x | 1.8x | 8.1x | 5.5x | |||
| $2.5B | $124M | 0.6x | 0.6x | 11.3x | 5.0x | |||
| $589M | $128M | 3.0x | 2.9x | 13.7x | 9.5x | |||
| $2.3B | $320M | 1.0x | 1.0x | 7.2x | 6.5x | |||
| $371M | $151M | 3.7x | 3.5x | 9.1x | 9.0x | |||
| $136M | ($7M) | 7.7x | 6.2x | (150.8x) | (144172.5x) | |||
| $366M | $68M | 3.7x | 3.3x | 19.9x | 18.2x | |||
This data is available for Pro users. Sign up to see all Cadence Solutions competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Cadence Solutions
| When was Cadence Solutions founded? | Cadence Solutions was founded in 2020. |
| Where is Cadence Solutions headquartered? | Cadence Solutions is headquartered in New York City, NY, United States. |
| Is Cadence Solutions publicly listed? | No, Cadence Solutions is a private, VC-backed company. |
| What is Cadence Solutions' valuation? | Cadence Solutions was last valued at $1.2B in its Series C in June 2026. |
| How much funding has Cadence Solutions raised? | Cadence Solutions has raised $241M across 3 funding rounds. |
| What was Cadence Solutions' last funding round? | Cadence Solutions' last funding round was a $100M Series C in June 2026, led by Spark Capital. |
| Who are Cadence Solutions' investors? | Cadence Solutions' investors include General Catalyst, Thrive Capital, Coatue, K5 Global, Hugo Barra, Corewell Health Ventures, Spark Capital, Adam Boehler, Memorial Hermann Hospital, Metrodora Ventures and 3 others. |
| What is Cadence Solutions' revenue? | Cadence Solutions' latest recorded revenue is $35M (December 2021). |
| What is Cadence Solutions' revenue multiple? | Cadence Solutions' latest valuation implies a 28.6x revenue multiple ($1B valuation on $35M of revenue). |
| Which companies are comparable to Cadence Solutions? | Companies comparable to Cadence Solutions include Assort Health, Tala Health, Wheel, League, Guiyang Longmaster and Medley Inc.. |
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