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Eden Health, a telemedicine company founded in 2015, raised $25 million in Series B financing, in part to expand its partnerships with commercial real estate firms through virtual and in-person health consultations. The funding round—which was led by Flare Capital Partners, with participation from Greycroft, Aspect Ventures, and other investors—places Eden Health’s valuation close to $100 million, according to a source familiar with the matter.

Flare Capital Partner Dan Gebremedhin explains what led the venture capital firm to invest in New York-based Eden Health and lead its recent Series B round.

National medical practice Eden Health today announced that it has raised $25 million in Series B funding, led by Flare Capital Partners with participation from principals from Stone Point Capital

In the face of unprecedented economic devastation, investors were expecting a very challenging 2Q20. Au contraire. Domestic equities crushed it: the Russell 3000 Growth and Russell 3000 Value were up 28% and 15%, respectively – admittedly on the heels of a dramatic 1Q20 downdraft.

Flare Capital Partners Principal Ian Chiang identifies the innovators and trends that will drive decentralization in the coming years.