Trinity Capital (TRIN) announced the commitment of $12.5M in growth capital to Upward Health, an in-home, multidisciplinary medical group providing 24/7 whole-person care. The $12.5M debt financing from Trinity is part of a larger debt financing, including an additional $7.5M from Comerica Bank. The debt was raised in conjunction with the company’s Series C fundraise, led by Heritage Group and Blue Venture Fund, with additional investments from Noro-Moseley Partners and others. The capital will be used to fund growth initiatives.
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