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Alignment Healthcare Finds $135M More

Orange, California-based Alignment Healthcare, which develops technology used for population health management around Medicare Advantage, has raised $135M in a Series C funding round, the company said on Wednesday. Alignment Healthcare said the funding came from Fidelity Investments, T. Rowe Price and Durable Capital Partners. Alignment Healthcare says it has now raised a total of $375M in total. The new funding will go towards growth, its technology platform, and plan offerings. The company is led by founder and CEO John Kao, and its existing backers include General Atlantic and Warburg Pincus.