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Founded Year

2018

Stage

Acquired | Acquired

Total Raised

$4.98M

About Karuna Health

Karuna Health builds software that automates common care coordination tasks and facilitates communication between patients and caregivers.On March 15th, 2021, Karuna Health was acquired by Commure. Terms of the transaction were not disclosed.

Karuna Health Headquarter Location

25 Taylor Street Unit 611

San Francisco, California, 94102,

United States

920-550-8589

Latest Karuna Health News

Commure acquires Karuna Health

Mar 15, 2021

Share Karuna Health, a virtual health communications platform, has been acquired by the healthcare software company Commure, according to a Substack post from Karuna’s CEO and cofounder Joe Kahn. Through the transaction, which closed on New Year’s Eve, Commure gained Karuna’s team, customers, technology and insights, Kahn said. The terms of the deal were not disclosed. WHY THIS MATTERS Commure is best known for its FHIR-compliant developer platform, which allows health systems and vendors alike to create and deploy healthcare applications. The platform is built with an AAA security framework, an event service bus, an API gateway, a flexible data store, terminology services and healthcare-specific UI components. The company is adding Karuna’s patient communication platform to its portfolio. The platform consolidates all patient and caregiver correspondence into one collaborative inbox location. It keeps track of text messages, emails, phone calls, voice mails, and more, and integrates with electronic health records. THE LARGER TREND Last August, Karuna Health was recognized as a Gold Award winner in the MassChallenge HealthTech Fast Track to Scale Accelerator 2020 program. By winning, Karuna was paired with representatives from Anthem to develop a pathway to scale. As patients continue to rely on digital modes of communication to keep in contact with their healthcare providers, patient engagement platforms are becoming increasingly popular. Boston-based Docent Health was recently acquired by GetWellNetwork to boost its communication offerings. Others, like Conversa and Well Health have had funding raises. ON THE RECORD “To our Karuna team, current and former – especially Josh, Antares and Amy – thank you for your dedication, empathy, and creativity,” Kahn said in the announcement. “To our investors and advisors, thank you for your constant support and candid guidance. And to everyone else who ran with us – through each pivot, fundraise, humbling lesson, muted Webex, and mercifully only one pandemic – thank you for your selfless dedication to helping us evolve.”

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Expert Collections containing Karuna Health

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Karuna Health is included in 2 Expert Collections, including Value-Based Care & Population Health.

V

Value-Based Care & Population Health

643 items

The VBC & Population Health collection includes companies that enable and deliver care models that address the health needs for defining populations along the continuum of care, including in the community setting, through participation, engagement, and targeted interventions.

D

Digital Health

9,302 items

Companies that use or incorporate digital technology into their health/wellness product & service offerings. Only those that have raised funding after 01/01/2010

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