Health technology startup Pristyn Care has raised around $100 million in its Series-E round, led by Sequoia Capital US, valuing it at $1.4 billion, regulatory filings showed. This makes it the latest entrant to the coveted unicorn club, or those privately held companies valued at $1 billion or more.
The company has raised $85 million from Sequoia Capital, Tiger Global, Winter Capital and other existing investors, the filings showed. It is in the process of filing documents for another $15 million — which it has already raised — taking the total funding to $100 million. Sources said the company might look to extend the round by another $15-20 million from a global investor. “The company is considering a term sheet which might take the total round size to $120 million,” a person with knowledge of the development said.
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