St. Louis Park-based Lifespark has closed on $20 million of Series B financing. The new money will help fund advancements to the company’s proprietary technology platform. Lifespark offers personalized, proactive care for seniors and touts a goal of keeping patients off of the “health care rollercoaster.”
“We also know there is tremendous waste in healthcare with more than $75 billion alone spent on overtreatment and low-value care,” said Joel Theisen, Lifespark’s founder and CEO, in a statement. “Understanding where that waste exists and how to prevent it is something our tech operating system focuses heavily on. It’s a blending of everything a person needs in a complete system offering seamless fulfillment of a person’s life plan.”