Sword health raised an $85 million Series C funding round led by General Catalyst.

Portugal United States Malta 30 June 2021
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Sword Health, a Lisbon, Portugal and New York, USA-based operator of a virtual platform for virtual musculoskeletal (MSK) care services, completed a $85 million series C capital funding round.

The money was raised from investors led by General Catalyst and joined by BOND, Highmark Ventures, BPEA, Khosla Ventures, Founders Fund, Transformation Capital and Green Innovations.

Sword Health, founded in 2015 and led by CEO Virgilio Bento, developed a virtual musculoskeletal solution called Digital Therapist, which connects in-house Doctors of Physical Therapy to SWORD Health members via wearable motion sensors and a tablet loaded with an AI-powered therapeutic exercise program. The Digital Therapist is the only solution clinically proven to outperform the current gold standard of care for MSK conditions – traditional physical therapy – and the only to offer rehabilitation programs for chronic, acute and post-surgical conditions of the lower back, shoulder, neck, knee, elbow, hip, ankle, wrist and lungs.

Sword Health previously raised a $25 million Series B round in February 2021.

Total investments received (USD): 364.6M

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