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Oshi Health Raises $60M Series C to Strengthen Its Position as the Category Leader for Virtual Digestive Care

New investor Oak HC/FT leads round to address soaring demand from consumers and healthcare buyers for the nation's first digestive health virtual center of excellence

Investment in Oshi comes as digestive health rises to top four cost driver for employers, affects more than 25% of all Americans, and is the #1 reason for avoidable ER visits

NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Oshi Health, a virtual gastrointestinal (GI) center of excellence, today announced that it has raised $60 million in Series C funding led by Oak HC/FT with participation from existing investors Bessemer Venture Partners, Flare Capital Partners, Frist Cressey Ventures, CVS Health Ventures, and Takeda Digital Ventures.

Oshi Health is now available in all 50 states to more than 40 million people as an in-network virtual GI clinic and has a growing roster of in-person GI practice partners across the country. The company's whole-person care model is helping patients reach lasting symptom control faster and at a lower total cost of care. Oshi has partnered with innovative benefit leaders from employers such as Dayforce, Koch Inc., Mariner, the Nielsen Company, and TE Connectivity to drive awareness and impact within their populations, with dozens more employer programs launching by year-end.

This new capital will help extend the company's market leadership and momentum, by adding partnerships with more provider groups, growing payer coverage, servicing new employer partners, and expanding into Medicare populations beginning in 2025.

"Digestive health is an urgent and under-resourced category, and Oshi stands out for its unique ability to provide proven clinical care that delivers faster relief for patients and significant ...