OneHealth Solutions Secures $9,000,000 Series B Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=464161ea-418a-4a74-b420-1bc29a6aeee3&Preview=1
Date
4/3/2013
Company Name
OneHealth Solutions
Mailing Address
420 Stevens Ave Solana Beach, CA 92075
Company Description
OneHealth is the first comprehensive online community specifically designed to help people change their behavior and lead healthier lives. Through Social Solutioning, a term that represents the next-generation capabilities of current social networking websites, OneHealth facilitates trusted connections and accountability to measurably improve the health and wellbeing of its members.
Website
http://www.onehealth.com
Transaction Type
Venture Equity
Transaction Amount
$9,000,000
Transaction Round
Series B
Proceeds Purposes
The company will use the new funds for sales and marketing expansion to capitalize on its current business opportunities and expand the platform to support more of the total medical and behavioral spend related to chronic conditions that drive the largest costs to the health system.
M&A Terms
Venture Investor
Lemhi Ventures
Venture Investor
Undisclosed