Lifespark is a Minneapolis-based leader in whole-person services for seniors, investing in technology to connect, predict, and track seniors' medical and well-being outcomes. Its core product is the Lifespark Operating System, a proprietary technology platform that integrates first-, second-, and third-party data and uses predictive analytics and machine learning to generate recommendations. The company describes its technology as holistic at its core and focused on improving people’s experience through connected insights. Lifespark intends to use the funds to continue advancing its operating system and proprietary platform and to work with UCare, a Minnesota Medicare Advantage provider, to serve Minnesota seniors holistically with a multiproduct strategy. The company raised $20 million in a Series B to support these efforts. Joel Theisen, BSN, is CEO and founder; the company was formerly known as Lifesprk. Lifesprk operates a proprietary, technology-enabled Life Experience Alternative Delivery System (LEADS) that combines whole-person primary care, in-home health, engagement, navigation and SDoH services for seniors. Its technology stack includes an Electronic Life Record (ELR), EMR integration, SDoH and first- and third-party data to enable predictive analytics and interoperability. The company positions LEADS as a payor-agnostic, value-based population health solution designed to improve client experience, outcomes, and lower total cost of care. Lifesprk plans to invest in technological innovations to operationalize LEADS and address tracking of SDoH and interoperability gaps. The firm says it has a proven track record of consistent growth with solid financials and outcomes and experience scaling and integrating with partners. Lifesprk was founded in 2004 and is based in St. Louis Park, Minnesota.

Total raised

$36M

Funding rounds

2

Latest round

Series B

Latest activity

Oct 2021