Waymark

Waymark is a Medicaid provider-enablement company devoted to scaling value-based care in Medicaid.

Waymark enables community based care, using technology, to catalyze improvements in access and outcomes for Medicaid patients.

Waymark was founded in 2021 by Rajaie Batniji, Sanjay Basu, and Afia Asamoah. The company is headquartered in San Francisco, California.

 

Waymark designs technology and service delivery for communities and individuals that have been historically excluded, because of language, race, ethnicity, poverty, substance use, immigration status, gender or sexual identity, or other characteristics viewed as "other" or "lesser than".

 

Waymark launched Waymark Signal™, a proprietary machine learning technology that has shown industry-leading performance in identifying “rising risk” populations, or patients at risk of avoidable emergency room (ER) and hospital utilization, and helps to direct Waymark teams to the best evidence-based intervention to meet patient goals.

 

Waymark is currently supporting approximately 50,000 people enrolled in Medicaid across both Washington state and Virginia. The company has secured partnerships with several large health systems, a federally qualified health center (FQHC), and independent practices across both markets.

 

Waymark is backed by Andreessen Horowitz, New Enterprise Associates (NEA), Lux Capital, CVS Health Ventures, and others. The company raised $42M ($22M in equity and a $20M in debt) round on Oct 18, 2023. This brings Waymark's total funding to $87M to date.


 

  • Year founded: 2021
  • Funding Info: $87M over 3 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: San Francisco
  • State: California
  • Country: United States
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