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New York-based Courier Health, a health tech company for life sciences manufacturers, has raised $50 million in Series B funding.
Oak HC/FT led the round, with participation from existing investors Norwest and Work-Bench.
WHAT IT DOES
Courier Health provides biopharma commercial teams with a customer relationship management (CRM) system to personalize the patient journey across the life sciences industry. The CRM analyzes data, manages workflows, and enables coordination across internal and external teams.
The company will use the funds for product innovation and to scale its growth.
"Oak is proud to partner with Danny [Sigurdson, Courier Health's founder and CEO] and his team as they redefine the standard for the patient experience," Billy Deitch, partner at Oak HC/FT, said in a statement.
MARKET SNAPSHOT
In 2024, Courier Health secured $16.5 million in Series A funding. Norwest Venture Partners led the round with participation from existing investor Work-Bench.
Other companies in the CRM tools for life sciences space include Veeva Vault CRM, Salesforce Life Sciences Cloud and Microsoft Dynamics 365.
