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Oxford Finance Closes $42MM Credit Facility with Amino Health

July 19, 2023, 07:45 AM
Filed Under: Technology

Oxford Finance provided a $42 million senior debt facility to Amino Health, a rapidly growing digital health company.

The senior debt facility will enable Amino to accelerate its growth plans, enhance its technology infrastructure, and expand its market reach. This injection of capital will also allow Amino to further strengthen its team and continue to attract top talent in the industry.

Amino, founded in 2013 by CEO David Vivero, has quickly emerged as a trailblazer in the digital health navigation space, revolutionizing the way people navigate the complex healthcare landscape. Amino's platform harnesses data and award-winning design to intuitively guide members through their unique plan designs to high-quality, cost-effective providers and benefits for their specific care needs.

"We are delighted to support Amino in its mission to transform the healthcare navigation experience,” said Rohit Gandhi, senior director at Oxford. “Amino has demonstrated remarkable innovation and disruption in the digital health space, and we believe their platform has the potential to revolutionize the way individuals access and navigate healthcare services. This investment reflects our confidence in Amino's leadership, vision, and ability to make a significant impact in the industry."

"The investment from Oxford is a testament to the tremendous progress Amino has made and the potential we hold,” said David Vivero, chief executive officer at Amino. “We are grateful for Oxford’s support as we continue to build upon our mission of empowering individuals to make better healthcare decisions. With Oxford’s financial backing and expertise in the healthcare sector, we are well-positioned to drive even greater innovation and bring our platform to a broader audience."

William Blair acted as the exclusive financial advisor to Amino Health in connection with its investment from Oxford Finance LLC.

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