Fundraise

Cadence raises $100M Series C led by Spark Capital to automate chronic care

What's the deal? Cadence, a clinical AI company that manages chronic care for older adults, has raised a $100 million Series C led by Spark Capital.

The funding lands as the company expands its AI-powered care model across some of the nation's leading health systems.

Why now? Chronic conditions drive most healthcare spending, and ageing populations are straining already stretched providers.

Cadence is betting that automation can fill the gap, monitoring patients between visits and flagging issues before they escalate.

What could go wrong? Clinical AI faces tough scrutiny on safety, accuracy, and patient trust.

Health systems move slowly, and any misstep with vulnerable older patients could stall adoption or invite regulatory pushback.

The signal: Spark Capital's lead position signals conviction that clinical AI for chronic care has graduated from early-stage experimentation to a scalable model worth backing at the Series C level.

Read more: Business Wire

Image credit: AI-generated image (Gemini)

Source: dealroom

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