Pomelo Care, a supplier for girls and kids, has raised $92 million in Collection C funding to broaden its platform past maternity care, the corporate introduced on Thursday.
New York Metropolis-based Pomelo Care provides being pregnant, pediatric, midlife and ladies’s well being help. Sufferers obtain digital 24/7 help via the app and achieve entry to a devoted care group and customised care plans. It leverages predictive analytics to assist clinicians determine points early and intervene rapidly. The corporate works with payers and employers, and serves 25 million lined lives via industrial and Medicaid well being plan partnerships.
The Collection C spherical was led by Stripes and included participation from Andreessen Horowitz, PLUS Capital, Atomico, BoxGroup and SV Angel. The corporate is now valued at $1.7 billion and has raised $171.2 million in whole.
“The ability of Pomelo’s wonderful product is evident: distinctive affected person satisfaction and powerful medical outcomes displaying significant reductions in pregnancy-related issues,” stated Ron Shah, accomplice at Stripes, in a press release. “We consider Pomelo’s clever care platform will energy continued speedy development and product growth, assembly rising demand from sufferers and payers with a contemporary medical expertise and best-in-class working metrics.”
The funding will assist convey Pomelo’s mannequin to extra sufferers and serve ladies and kids via extra life levels past being pregnant, in line with Marta Bralic Kerns, founder and CEO of Pomelo Care.
“Meaning investing in our medical groups, expertise platform, and partnerships with well being plans and employers so we will serve extra ladies and kids with the identical degree of high quality and accountability we ship right this moment,” she added.
The announcement comes after Pomelo lately launched a midlife care program for girls experiencing perimenopause and menopause. It tackles hormonal, metabolic and psychological well being challenges that come up throughout this era. Early outcomes present an 88% discount in signs in 60 days and 73% of sufferers report a rise in productiveness from this system.
Peer-reviewed research on Pomelo Care additionally present that the corporate has achieved a 6.8-day discount in NICU size of keep, 37% discount in preterm births, 46% discount in emergency room utilization and 718% increased prenatal despair screening and follow-up charges.
In the end, Pomelo Care goals to construct the “new nationwide normal for girls’s and kids’s healthcare, changing fragmented, reactive care with proactive, built-in, evidence-based care throughout each life stage,” Kerns stated.
“We wish to make sure that whether or not a lady is pregnant, caring for a kid, or navigating menopause, she has entry to a coordinated medical group that measurably improves her well being whereas additionally lowering avoidable prices for well being plans and employers via fewer ER visits, fewer issues, and higher preventive care,” she stated.
Different digital ladies’s well being corporations embody Maven Clinic and Midi Well being.
Photograph: TAW4, Getty Photos
