National medical practice Eden Health announced that it has raised $25 million in Series B funding, led by Flare Capital Partners with participation from principals from Stone Point Capital, a private equity firm that focuses on the financial services industry including the HR benefits, insurance and real estate sectors.

Existing investors who participated in the Series B round include Greycroft, PJC, Max Ventures and Aspect Ventures. The oversubscribed round brings Eden Health's total raise to $39M. Eden Health is known for its innovative direct-to-employer healthcare delivery model, bringing in-person and virtual healthcare together to deliver an exceptional patient experience to the employees of mid-market companies.

Eden Health has seen interest from employers and commercial property owners increase by more than 500% since the onset of the public health crisis in mid-March, as the health and safety of employees and tenants has become one of the most urgent issues for employers and property owners.

"For the past four years we've been singularly focused on building exceptional healthcare experiences for employers and their workers. Our proactive, comprehensive, tech-enabled approach put us in a strong position to deliver high quality healthcare in a way that works for this moment," said Matt McCambridge, co-founder and CEO, Eden Health. 

"One of the things we liked most about Eden Health was its commitment to human-centered design and how it aligns the incentives of healthcare and business," said Dr. Dan Gebremedhin, Partner, Flare Capital Partners. "What we're seeing now is that the pandemic has pressed the fast-forward button, bringing both employers and work-sites around to the fact that offloading healthcare labor onto patients and insurance companies is no longer a viable solution. We're thrilled to partner with Matt, Scott and the Eden Health team to tackle some of the hardest problems in healthcare."

Eden Health empowers employers to supercharge their benefits packages whether or not they are self-insured. Designed to meet the needs of companies of all sizes, Eden Health lets them fill gaps in their employees care with a fully integrated healthcare option. Eden Health membership services are not tethered to open enrollment, meaning employees and their families can join at any time and begin using services immediately.