Monday, February 8, 2016

One Medical Group Acquires Rise

San Francisco-based One Medical Group, a provider of technology-enabled healthcare services, said Friday that it has acquired San Francisco-based Rise, a developer of a health coaching platform. Financial terms of the buy were not announced. Rise was founded by Suneel Gupta and Stuart Parmenter, who join One Medical Group along with the rest of Rise's team. One Medical Grup is backed by J.P. Morgan Asset Management, PEG Digital Growth Fund II L.P. and AARP Innovation Fund L.P. Rise was venture backed by Google Ventures, Greylock, and Cowboy Ventures.