About Watershed Health
Watershed Health is a Healthcare company based in New Orleans (United States) founded in 2013 by Chip Grant. Software is provided for post-acute patient care management. Watershed Health has raised $31.37 million across 4 funding rounds from investors including FT Capital Partners, FCA Venture Partners and Create Health Ventures. The company has 65 employees. Its chief executive, as recorded, is Chip Grant. Watershed Health offers products and services including Care Coordination Platform, Patient Data Management, and Real-Time Analytics. Its focus areas include HealthTech, Healthcare IT, Value Based Care and Care Coordination. Its competitors include Navihealth, Careport and Contessa Health; 2 of its 3 listed competitors have raised funding.
Company details
Watershed Health was founded in 2013 in New Orleans, United States, as a provider of software focused on post-acute care management in the healthcare sector. Integration with electronic health records is supported to build digital patient records that incorporate clinical data and social determinants of health. Information exchange among care providers is facilitated, while tools for capacity planning and care timing are included in operations.
- Headquarters New Orleans, United States
- Employees 65
- Founders Chip Grant
- SectorsHealthcare
- Email••••••••
- Website watershedhealth.com
- Social LinkedIn
- Total Equity Funding$31.37M (USD)
in 4 rounds
- Latest Funding Round$13.6M (USD), Series B
May 2024
- InvestorsFT Capital Partners
& 8 more
- Employee Count65
Products & Services of Watershed Health
Watershed Health offers a comprehensive portfolio of products and services, including Care Coordination Platform, Patient Data Management, and Real-Time Analytics.
Platform enables data sharing and analytics for improved patient care coordination.
Tool provides access to patient records and insights for clinical decision-making.
System uncovers insights into patient populations for value-based care initiatives.
Funding Insights of Watershed Health
Watershed Health has successfully raised a total of $31.37M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $13.6 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $31.37M
- Total Rounds 4
- Last Round Series B — $13.6M
- First Round $1.1M
(Aug 2020)
- Investors Count 9
All 4 funding rounds of Watershed Health with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $13.6M | Series B | – | First Trust Capital Partners | |
| Jul 2023 | $9.82M | Series A | – | – | – |
| Nov 2022 | $6.85M | Series A | – | – | – |
| Aug 2020 | $1.1M | Seed | – | – | – |
9 investors in total: 9 institutional.
Investors in Watershed Health
Watershed Health has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include FT Capital Partners, FCA Venture Partners and Create Health Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early and growth stage investments are made by FTCP. | ftcapitalpartners.com | Wheaton, United States | ||
Offline-focused VC firm investing primarily in the US | fcavp.com | Brentwood, United States | ||
Venture capital is provided to economic, sustainability, and health sectors. | theimpactengine.com | Chicago, United States | ||
| 450ventures.tcc.mode | ||||
US tech and life sciences startups are accelerated and funded. | launchpdh.com | Emeryville, United States | ||
Corporate-backed venture capital fund | massmutualventures.com | Boston, United States | ||
Capstar Partners is involved in investment activities. | capstarpartners.com | |||
Venture capital firm investing in early-stage healthcare companies | wanxianghealthcare.com | Elgin, United States | ||
Venture capital investments are made in digital health startups. | 2024 | createhealth.vc | Austin, USA |
Investor details for Watershed Health
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Watershed Health
24 people are tracked at Watershed Health (10 in leadership, 5 in board & advisors, 9 in team); the tracked headcount is 65.
| Name | Role | Group |
|---|---|---|
Chip Grant | Founder & CEO | Leadership |
Sara Hix | VP Of Product, Innovation & Engineering | Leadership |
Lisa Stanley | COO | Leadership |
Effie Carlson | Chief Revenue Officer | Leadership |
Robbie Fuertes | CFO | Leadership |
Lauren Davis | Chief Marketing Officer | Leadership |
Nicole Montagnet Montjoy | Director, Regulatory Affairs | Leadership |
Scott Snodgrass | Director, Compliance | Leadership |
Michelle Trimble | Director, Customer Success | Leadership |
Florin Micle | Chief Technology Officer | Leadership |
Amit Aysola | Advisor | Board & advisors |
Andrew Freeman | Advisor | Board & advisors |
Richard Milani | Board Member | Board & advisors |
Fred Toney | Board Member | Board & advisors |
Emma Cartmell | Board Member | Board & advisors |
Webster Pluscht | Software Support Lead | Team |
Deric Masten | Software Engineer | Team |
Jamell Warren | Integration Engineer | Team |
Mark Sutherland | Sr. Devops Engineer | Team |
Jacquelyn Peck | Onboarding Specialist | Team |
4 more people are available in the full profile.
Complete people profiles for Watershed Health
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Watershed Health
3 dated milestones of Watershed Health across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Watershed Health is founded.
- Funding First funding round of $1.1M.
- Funding Latest funding round, Series B, of $13.6M.
Competitors of Watershed Health
Watershed Health has 3 listed competitors in our database, 2 of them funded. They include Navihealth, Careport and Contessa Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| navihealth.com | 2011 | Brentwood, United States | 3,429 | Technology , clinical services and advisory solutions for post-acute care | ||
| careporthealth.com | 2012 | Boston, United States | $5.4M | 6,240 | Cloud-based post-acute care coordination platform is provided for hospitals. | |
| contessahealth.com | 2014 | Nashville, United States | $10.5M | 160 | Home-based recovery programs are coordinated for post-surgical and chronic patients. |
Detailed competitors of Watershed Health
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Watershed Health (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Watershed Health
Complete news archive for Watershed Health
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Frequently Asked Questions about Watershed Health
Watershed Health was founded in 2013 and raised its 1st funding round 7 years after it was founded.
Watershed Health is headquartered in New Orleans, United States. It is registered at New Orleans, Louisiana, United States.
Chip Grant is the CEO of Watershed Health, as recorded in our data. They have also founded this company.
Watershed Health is a funded company, having raised a total of $31.37M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.1M, raised on Aug 2020.
Watershed Health has 65 employees.
Watershed Health was founded in 2013 in New Orleans, United States, as a provider of software focused on post-acute care management in the healthcare sector. Integration with electronic health records is supported to build digital patient records that incorporate clinical data and social determinants of health. Information exchange among care providers is facilitated, while tools for capacity planning and care timing are included in operations.
Watershed Health's top competitors include Contessa Health, Careport and Navihealth.
Watershed Health offers Care Coordination Platform, Patient Data Management, and Real-Time Analytics.
Watershed Health has 9 investors. Key investors include FT Capital Partners, FCA Venture Partners, Create Health Ventures, Impact Engine, and 450 Ventures.