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Tuesday, January 15, 2019

Mansueto Bets on Virtual Healthcare

News summary by MFWire's editors

Add "healthcare tech investor" to the list of Joe Mansueto descriptions, a list that already includes "sports maven," "real estate baron", "media mogul", "Chicago soccer dad", "tech venture capitalist," "billionaire philanthropist," and "not-yet-retired investing data entrepreneur."

Joseph Daniel Mansueto
Morningstar
Founder, Majority Owner, Executive Chairman
On Friday the CEO of First Stop Health (pitched by its team as "a leading provider of virtual healthcare services for the employer marketplace") confirmed that Mansueto (founder, executive chairman, and majority owner of Morningstar) and Rich Gallun (co-founder of bswift) led the Chicago-based startup's new $6.5-million funding round. The firm has raised $14.2 million since its founding in 2011, and according to Crunchbase, this new round (the biggest so far) is First Stop Health's series A. (Prior rounds include angel funding, seed funding, and a convertible note.)

ChicagoInno and MedCityNews both reported on the fundraising round. 

Edited by: Neil Anderson, Managing Editor


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