Originally published by FinSMEs on September 13, 2022
LetsGetChecked, a Dublin, Ireland- and New York-based global health care solutions company that provides clinical tools to conveniently and easily manage patients’ health from home, received a $20M investment from Morgan Health, the JPMorgan Chase & Co. (NYSE: JPM) business unit.
The deal was part of a series D-2 round led by Casdin Capital and Transformation Capital (LTP Equity).
In conjunction with the investment, Robin Leopold, Executive Vice President and Head of Human Resources for JPMorgan Chase, and a member of the company’s Operating Committee, will join LetsGetChecked’s Board.
The company intends to use the funds for its continued business expansion.
Led by Peter Foley, Founder and CEO, LetsGetChecked provides a vertically integrated platform that supports the full spectrum of patient care, providing direct access to diagnostic testing, genetic insights, virtual consultations and medication delivery. The global company offers a complete end-to-end solution for patients with access to more than 100 laboratory panels and personalized treatment plans. In addition, physician practices and virtual care providers can integrate LetsGetChecked’s services directly into their workflows. It also provides employers and providers with clinical insights to inform population-based health initiatives designed to address the prevalence of common health issues, including diabetes, high cholesterol and a range of other chronic conditions.
Founded in 2015, LetsGetChecked has delivered more than 10 million tests and partnered with more than 300 business clients in the United States, United Kingdom and European Union. The company serves Fortune 500 organizations, health plans, provider groups and the public sector.
LetsGetChecked recently acquired BioIQ, in addition to Veritas Genetics and Veritas Intercontinental, which has expanded the company’s services to include whole genome sequencing as well as targeted laboratory panels, such as Pharmacogenomics (PGx). These new offerings allow LetsGetChecked to support the full lifecycle of care across women’s health, men’s health, sexual health as well as general health and wellness.