Sprinter Well being, a cell healthcare supplier, has raised $55 million in Sequence B funding to assist the corporate develop its workforce and footprint, it introduced Thursday.
Menlo Park, California-based Sprinter Well being works with well being plans and presents each in-home and digital care. Its community-based well being workers, known as Sprinters, and distant nurse practitioners present diagnostic screenings, important checks, medicine administration help, wellness visits and care navigation. The Sprinters are W-2 workers and are licensed as phlebotomists and skilled with medical assistant and group well being employee expertise. They’ll additionally determine unmet social wants, corresponding to fall dangers or meals insecurity, and join sufferers with sources to deal with these wants.
“We’re centered totally on reaching populations who’re largely disconnected from the healthcare system: we specialise in participating the unengaged,” stated Max Cohen, CEO and co-founder of the corporate, in an electronic mail.
The $55 million Sequence B spherical was led by Basic Catalyst and included participation from Andreessen Horowitz (a16z) Bio + Well being, the Regents of the College of California, Google Ventures and Accel. In whole, Sprinter Well being has raised greater than $125 million.
“We imagine Sprinter Well being is rising as a category-defining firm in home-based care,” stated Holly Maloney, managing director of Basic Catalyst, in an announcement. “They’ve constructed the technological infrastructure to make care each scalable and impactful for the individuals who want it most.”
The financing will assist Sprinter Well being develop its scientific, engineering, AI and operations groups, Cohen stated. The corporate may also add new geographic areas to supply extra protection for its payer companions. It at the moment operates in 18 states and plans to develop to 22 by the top of the summer season, in keeping with the announcement. The Sprinters have additionally accomplished practically 100,000 visits in folks’s houses.
The financing comes at some extent when accessing high quality care is a problem, and it’s oftentimes too costly. That is what Sprinter Well being hopes to deal with with its in-home and digital care mannequin, Cohen stated.
“Getting fundamental assessments and screenings for treatable ailments alone is more and more tough for folks of all ages because of value, distance, or an incapability to determine the complicated healthcare system on this nation. … Should you expanded entry below the established order, bills would enhance even additional, straining an already heavily-underwater system,” he stated. “Personal innovation capital permits the event of other fashions that may bend these value curves, and our success on behalf of payer companions up to now begets additional innovation and funding to proceed scaling these options.”
There are a number of different corporations that ship in-home and digital care, together with DispatchHealth, which not too long ago acquired Medically House, one other dwelling care supplier.
Image: Feodora Chiosea, Getty Photographs
