Drive Capital Portfolio Company Raises $58M, Rebrands to Enlace Health

Evan Weese

By on 01/07/22

Drive Capital Portfolio Company Raises $58M, Rebrands to Enlace Health

Columbus-area technology companies continue raising big money.

Aver Inc., an early portfolio company of Drive Capital, has raised more than $58 million in a round led by Atlanta’s Cox Enterprises, while also announcing a rebrand to Enlace Health.

Enlace Health is building a network of payers, providers, and patients, empowering any type of healthcare delivery model, from facilitating retrospective programs to enabling risk for prospective programs. Combining healthcare expertise with a flexible technology platform, Enlace is taking the chaotic healthcare system to Triple Aim optimization.

“This new investment is a great moment for our company and signals the aggressive expansion of our mission: ‘the evolution of healthcare from its chaotic environment to an orderly infrastructure that enables true, quality-driven healthcare to be paid for and consumed economically and efficiently for all participants,’” said Bill Nordmark, CEO, Enlace Health. “Our new brand, Enlace Health, embodies our strong history while embracing the innovation needed to change healthcare.”

Enlace says it will use the capital from Cox and other existing investors to accelerate growth.

The investment aligns with Cox’s interest in patient-centric healthcare companies.

“The launch of an impactful healthcare solution empowering quality, cost, and access aligns perfectly with our mission to improve the healthcare journey,” said Tim Howe, AVP of strategy and corporate development for Cox. “We are excited to combine the strengths of our healthcare group with the vision of Enlace Health.”

Enlace has offices in downtown Columbus, St. Louis, and Atlanta Tech Village. 

​​If you’re a healthcare technology professional, check out the opportunities at Enlace by heading to https://www.enlacehealth.com/careers or reaching out to talent@enlacehealth.com.

 

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