Foley Advises Ventricle Health in $8M Seed Funding

Foley & Lardner LLP represented Ventricle Health, a national, virtual cardiology clinic, in its $8 million seed funding led by RA Capital Management. Waterline Ventures and other investors also participated.

Ventricle Health offers a rapid path for payers and value-based provider groups to connect heart failure patients to high-quality cardiology services from their homes. By meeting patients where they are with virtual, evidence-based therapy, remote patient monitoring, and patient education and advocacy, Ventricle Health enables them to lead healthier and longer lives. Ventricle Health plans to use the new funds to expand the company’s heart failure management therapeutic model in collaboration with value-based care provider groups and payers throughout the U.S.

The Foley team was led by partners Thomas (T.J.) Ferrante and Natasha Allen and included associates Erik Nguyen and Ashley Lee.

Foley’s Telemedicine & Digital Health Industry Team helps venture-backed and high-growth companies embrace emerging issues in virtual care, enabling them to provide innovative care for patients in new markets around the block and around the world. The firm is committed to helping entrepreneurs fulfill their goals of harnessing new technology to reach patients anywhere, delivering care without borders or geographic limitations. Foley helps create fully-fledged telemedicine offerings, providing end-to-end legal services by coupling precise strategic guidance with rapid turnarounds to maintain that sense of urgency necessary to launch new initiatives and remain competitive in the marketplace.

For more information on telemedicine, telehealth, virtual care, remote patient monitoring, digital health, and other health innovations, including the team, publications, and representative experience, visit http://www.foley.com/telemedicine.