Virtual care provider Vesta Healthcare announced the close of $65 million in series C funding with new debt financing. The round brings the company to a total of $160 million raised since 2019.

Vesta Healthcare, a digital health support company for seniors, specializes in at-home care support and acts as the connective tissue between patients' providers, caregivers, homecare agencies and health plans. The company currently serves over 50,000 people.

Vesta’s technology and services span from home-based primary care to remote monitoring of patients’ vital signs.

 Boston-based RA Capital Management, a new contributor, led the equity round with participation from Chrysalis Ventures, along with Oak HC/FT, CareCentrix/Walgreens, Nationwide, Kaiser Permanente Ventures, Lux Capital, Generator Ventures, Deerfield Management and others, who have supported other financing rounds.

Vesta Healthcare also announced new debt financing, provided by Horizon Technology Finance Corporation, an affiliate of Monroe Capital.

In 2021, the company secured $65 million in growth capital to help it expand in other states and increase program offerings. The New York City-based startup was founded in 2018 to support high-need, frail seniors at home and connect their caregivers' insights to the rest of the care team.

“The home is the last frontier of healthcare, and caregivers are the most vital yet disconnected resource in the delivery system,” Randy Klein, CEO of Vesta Healthcare, said in a statement. “We’re proud of what we’ve built with the support of our existing investors and thrilled for RA Capital Management, Chrysalis and Horizon to join the team.”

When beginning with Vesta, patients are remotely evaluated by a Vesta clinician who assesses their needs. Vesta then joins the patient’s existing team of doctors, aides and caregivers to facilitate efficient updates between what’s going on with the patient and what they might need from their provider.

Vesta sends patients remote monitoring devices such as weight scales and blood pressure cuffs and volleys the data straight to providers. The all-hours call center can also assist patients aging at home by connecting them with urgent care services whenever needed.

Vesta Healthcare also markets their solution to homecare agencies, providers and payers. For providers, Vesta can help monitor patients in between office visits and keep providers in the loop with patients’ caregivers.

For payers, Vesta can help increase member satisfaction, manage declining conditions and improve quality metrics. The company claims it has reduced total cost of care for payers by 7% and it has reduced hospital admissions by 40% per thousand patients.