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Carrum Health Raises $45 Million Series B

May 1, 2023

Cross Creek portfolio company, Carrum Health announced a $45 million Series B fundraise, led by OMERS Growth Equity. Cross Creek initially invested in Carrum Health in 2020 and is pleased to participate in this round alongside new and existing investors.

Since inception in 2014, Carrum has demonstrated considerable growth as a value-based healthcare solution provider.

Carrum Health indicated that this oversubscribed $45 million Series B financing which will be used to expand their cancer care offerings and launch new service lines.

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The portfolio companies and funds identified and described herein may not represent all of the portfolio companies and funds purchased, sold or recommended for funds advised by Cross Creek Advisors. Not all acquisitions or IPOs are profitable; the positions can be acquired at a price that is greater or less than the price at which Cross Creek purchased its interest for client accounts. The information is being shown to reflect the firm’s ability to select investments and not to reflect any positive investment experience. The reader should not assume that an investment in the portfolio companies and funds identified was or will be profitable. Company investments less than $500,000 are excluded from this list.