Lumata Health
Ophthalmology care management platform that identifies and removes the complex barriers to treatment adherence that contribute to vision loss from chronic eye conditions like glaucoma, diabetic retinopathy, and macular degeneration, while also generating guaranteed revenue for the practice.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
* | $23.0m | Series B | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 38 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Lumata Health, formerly known as Retinal Care, is a healthcare company that has developed an ophthalmology care management platform. The company was founded in 2017 by Dr. Steve Fransen, a practicing retina specialist with over 30 years of experience, and Matt Wills.
The company's primary focus is on preventing blindness caused by chronic eye conditions such as diabetic retinopathy, macular degeneration, and glaucoma. Lumata Health partners with ophthalmology practices and physicians to provide a continuous care program that engages patients between their regular clinic visits. This program is designed to ensure that patients with vision-threatening conditions receive the ongoing support and management they need to prevent vision loss.
The company operates on a B2B2C model, where it provides its platform and services to eye care practices, which in turn offer them to their patients. The platform is a technology-driven solution that facilitates the management and monitoring of patients at risk of vision loss. By focusing on patient engagement and continuous care, Lumata Health aims to improve patient outcomes and reduce the incidence of preventable blindness.
The company is headquartered in Oklahoma City, Oklahoma, and serves thousands of patients across the United States.
Keywords: ophthalmology, care management, chronic eye diseases, preventable blindness, patient engagement, diabetic retinopathy, macular degeneration, glaucoma, healthcare technology, continuous care