Drive Capital portfolio company Aver raises $58M, rebrands as Enlace Health

Healthcare business concept, Medical examination and growth graph data of business on tablet with doctor's health report clipboard on background.

One of the earliest companies in the Drive Capital LLC portfolio enters 2022 with $58 million in fresh venture funding and a new brand.

Enlace Health is the new identity of Aver Inc., which drive moved to Columbus from Wisconsin in 2014 to continue its quest to bring about the long-awaited shift in healthcare to a payment system that rewards better outcomes instead of doing more stuff.

Cox Enterprises led a more than $58 million round in November, a return investment following a $27 million round in January 2020. The Atlanta-based company’s VC arm has several healthcare companies in its portfolio. The round could expand to as much as $75 million, Enlace reported in a Dec. 15 regulatory filing.

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Story excerpt provided by Columbus Inno.

Written by Carrie Ghose.

Originally published December 30, 2021.

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