DLA Piper advises ConsejoSano in its US$17 million Series B financing
DLA Piper represented ConsejoSano, Inc., a fast-growing healthcare technology company that aims to help close the gap in multicultural patient care, in its recent US$17 million Series B financing led by Magnetic Ventures.
Launched in 2017, ConsejoSano is a multicultural patient engagement company that combines a deep understanding of culture with a proprietary technology platform to help health plans and providers engage their members and patients, resulting in measurable improvements in health plan and provider performance. The company utilizes multilingual, multichannel engagement strategies and culturally relevant messaging to enhance engagement and steer at-risk patients to more effective self-care and utilization of their healthcare benefits. The company currently engages 1.5 million patients across 12 states, in 25 different languages.
“We were pleased to bring our extensive experience advising high-growth technology companies to assist ConsejoSano in obtaining this financing, which will enable ConsejoSano to continue working toward its mission of expanding healthcare access for diverse populations in underserved communities,” said Craig Tighe, the DLA Piper partner who led the firm’s deal team.
In addition to Tighe (Silicon Valley), the DLA Piper team representing ConsejoSano included partner Jennifer Lee, associate Elizabeth Castellanos (both of Silicon Valley) and paralegal Kathryn Clamar (San Francisco), and data protection, privacy and healthcare partners Jennifer Kashatus (Washington, DC) and Anna Spencer (Atlanta) and associate Emily Maus (Washington, DC).
DLA Piper’s Emerging Growth and Venture Capital practice includes more than 200 lawyers in the US who provide strategic counsel to emerging companies in high-growth industries, including biotech, manufacturing, communications, software and semiconductors. Over the last three years, DLA Piper has completed more than 2,100 financings totaling over US$31 billion.
DLA Piper's global Technology sector lawyers work across practice areas and offices to support technology clients – from startups to fast-growing and mid-market businesses to mature global enterprises – doing business around the world.