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Fenwick Represents Angle Health in $600M Equity Financing

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Fenwick represented Angle Health, the first AI-native healthcare benefits platform, in its $600 million equity financing, consisting of a $200 million Series C financing and a $400 million tender offer. The round was led by Vitruvian Partners, with participation from new investor Town Hall Ventures and existing investors Blumberg Capital, Portage Ventures, PruVen Capital, and Y Combinator.

Angle Health will use the funds to support its long-term strategy and mission to reimagine healthcare access in America, including continued investment in its AI-native technology platform and seamless navigation across hyper-local, condition-specific care options. More information can be obtained from the company announcement.

The Fenwick transaction team was led by corporate partners Lara Foster and Michael Brown and included associates Corinne Nhaissi, Liz Malmen, Siobhan McGurk, and Erica Le; and antitrust partner Steve Albertson and counsel Meredith Mommers.