Northwest Philly Healthcare Startup Gains $11.5M VC Funding, Emerges from Stealth Mode

Daymark Health has gained $11.5 million in venture capital funding. The healthcare startup's mission is to "redefine the cancer care experience."

Daymark Health, a Northwest Philadelphia healthcare startup, recently gained $11.5 million in venture capital funding, writes John George for the Philadelphia Business Journal.

Founded earlier this year, Daymark Health has a mission to “redefine the cancer care experience” for not only patients, but providers and health plans, as well.

The startup partners with health plans to provide both in-home and virtual care to patients with cancer. Daymark also collaborates with patients’ personal oncologists.

“Despite the advances in cancer treatment made over the past 50 years, patients still face a fragmented health system that gets in the way of comprehensive, personalized cancer care,” said Daymark Health co-founder and CEO Dr. Justin Bekelman in a statement. “[We want to] set a new standard of cancer care, one that will redefine what’s possible in oncology.”

Daymark currently has 16 full-time workers. The team consists of community-based nurses, nurse practitioners, social workers, and what they call “health partners.” The latter are tasked with helping cancer patients and their families address any well-being related health issues.

With the new seed funding, the company is planning to expand its clinical team, speed up the development and scaling processes of its cancer care platform, and launch new health plans partnerships nationwide.

Read more about one of Philly’s newest healthcare startups in the Philadelphia Business Journal.

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