Quartet ropes in $60M in Series D

Healthcare News

Quartet-ropes-in-60M-in-Series-D Quartet ropes in $60M in Series DQuartet, a New York, NY-based innovative healthcare technology and services company, as per recent reports last week, has announced entering into a strategic partnership agreement with Centene Corporation, a St. Louis, Missouri-based healthcare enterprise, to ensure the vulnerable have access to mental healthcare.

Also, recently Quartet closed a Series D fundraising round, raising $60 million in investment funding. The round was led by Centene Corporation and was participated by Quartet’s returning investors F-Prime Capital Partners, GV (formerly Google Ventures), Oak HC/FT, and Polaris Partners. With this latest Series D funding, Quartet has, to date, raised total funding of $153M.

Established in 2014, Quartet, with its scalable products and services for the community, integrates mental health and primary care. Through a HIPAA-compliant technology platform, the company ensures the local care teams are in collaboration, putting forth both primary care and mental health providers at the center of patient care.

“We are committed to building a health care system in which every person with a mental health condition gets the care they need,” stated David Wennberg, MD, MPH, CEO of Quartet. “In all we do, the patient is our north star. Centene’s partnership enables us to continue to support the experience of individuals in need of mental health care services, including Medicaid beneficiaries and their team of care providers.”

With this recent funding, Quartet plans to continue its growth to help ensure the vulnerable and people with mental health conditions have access to the care they need.