Transcarent Stock

Transcarent is looking to raise $125 million, bringing its valuation to $2.1 billion.

Plume, a US-based telehealth startup focusing on trans healthcare, has reportedly laid off around one-sixth of its workforce. The company raised $24m in a series B funding round last year and offers online healthcare services to transgender patients, a demographic often facing significant healthcare barriers. Despite the layoffs, Plume confirmed it will not scale back its services and plans to expand its fee-for-service offerings.

"Transcarent, a care navigation company, has partnered with 10 health systems to launch a new provider network. The network aims to help employer customers provide affordable, high-quality care to their staff. The health systems in the network include Mount Sinai, Mass General Brigham, and Intermountain Health. Transcarent's platform allows patients to access care online, schedule appointments, arrange home visits from providers, access specialists, and order prescription delivery. The company was last valued at $1.62 billion in 2022.