Livongo's lead investor on what the next model of care could look like
Posted Oct 12, 2020 from mobihealthnews.com
When it comes to taking bets on what’s next in healthcare, investors are often the ones calling the shots. Hemant Taneja, managing director of General Catalyst, has sat in the driver’s seat on some of the biggest digital health deals. His firm has invested in a number of digital health companies, from behavioral health company Mindstrong to fitness startup Tempo. But perhaps Taneja’s is best known for his investing in chronic care startup Livongo.
Over the summer, the digital health world was abuzz with news that Livongo was scooped up by Teladoc in a historic $18.5 million merger. As lead investor, Taneja had a front-row seat to the evolution of the company. In fact, he and Livongo founder Glen Tullman sat down together and developed a business plan.