Livara Health Raises $15M Series B

Livara Health (formerly known as SpineZone), a San Diego, CA-based value-based musculoskeletal (MSK) management company, raised $15m in Series B funding.

The round was led by A1 Health Ventures, with participation from existing investors Polaris Partners, Providence Ventures, Martin Ventures, and a new strategic investor.

This funding will accelerate the innovation of the company’s technology and clinical capabilities.

Led by Rob Cohen, Chief Executive Officer, Livara Health is a value-based MSK management solution for innovative providers, payors, utilization management companies, and value-based health systems. By combining care planning, virtual first care delivery and care navigation, Livara partners with commercial and Medicare payors and providers through value-based payment arrangements, including assuming total cost of MSK care.

Livara has treated over 120,000 people since its founding and entered 2024 with nearly 4 million people eligible to access its MSK management platform through both health plan and provider partnerships, including Medicare and commercially insured populations.