Orrick Advises Aledade on $123 Million Series E

June.06.2022

Orrick congratulates healthcare technology client Aledade on its $123 million Series E financing round. Returning investor OMERS Growth Equity led the round, which also included Fidelity Management & Research Company and other current investors.

Founded in 2014, Aledade partners with independent practices, health centers, and clinics to build and lead Accountable Care Organizations anchored in primary care. Aledade plans to use the new capital to support investments in value-based care for more seniors covered by Medicare Advantage and innovation that improves patient care and increases medical cost savings, including expanded offerings through its new health services subsidiary, Aledade Care Solutions.

The Orrick team advising Aledade was led by Stephen Thau and included Andy Bloom and Michael LaBlanc.

Related Lawyers

Stephen Thau Partner, Technology Companies Group, Life Sciences & HealthTech

New York; Silicon Valley

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D:+1 212 506 5076
E: [email protected]

Practice:

Technology & Innovation Sector
Technology Companies Group
Life Sciences & HealthTech
Mergers & Acquisitions
Corporate Governance
Capital Markets

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Stephen Thau Partner

New York; Silicon Valley

Stephen’s practice focuses on the representation of life science, medical device, health IT, and other technology companies in transactional matters, including public and private financings, licensing, collaborations and strategic alliances, and mergers and acquisitions. He also represents venture capital firms in public and private financing transactions.

Stephen is recognized as a Leading Life Sciences Lawyer by LMG Life Sciences in their 2021/2022 rankings and short-listed as Venture Capital Attorney of the Year. He has served as a member of the Board of Tech Council of Maryland, the leading technology and life science association in that state, and of BayBio, Northern California’s leading life sciences association. Stephen is a frequent speaker on venture capital financings and served on the faculty at the 2005 and 2007 Emerging Entrepreneurs workshops at Stanford University.

Prior to joining Orrick, Stephen was a partner at Morrison & Foerster, Venture Law Group and Heller Ehrman. He began his legal practice as a litigator, focusing on securities and intellectual property. He also served as a law clerk to the Hon. Vaughn R. Walker in the United States District Court in the Northern District of California. Stephen graduated Order of the Coif from Stanford Law School, where he was managing editor of the Stanford Law Review, and graduated magna cum laude from Harvard College in Biology.

Andy Bloom Senior Associate, Technology Companies Group

Boston

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Practice:

Technology & Innovation Sector
Technology Companies Group

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Andy Bloom Senior Associate

Boston

Andy advises high growth technology companies, startup founders, private funds and other institutional investors on a broad range of corporate transactions across industries. He has extensive experience in a broad range of corporate and transactional matters, advising companies from formation to exit on formation, governance, and financing matters, and private funds and institutional investors on venture capital, growth equity and private equity investments. Andy works closely with clients to provide strategic insights and outside general counsel services, advising clients on day-to-day governance, equity compensation and general commercial matters.

Andy also has extensive experience advising sponsors of private investment funds on their formation, regulatory compliance, and fundraising activities, as well as institutional investors in connection with various aspects of their investment programs, including investments in private investment funds, co-investments and complex secondaries transactions.