Pomelo Care, a virtual maternity care platform, has successfully secured $33 million in seed and Series A funding, with Andreessen Horowitz leading the investment. Headquartered in New York, the company collaborates with employers, health plans, and providers to offer comprehensive virtual fertility, pregnancy, and newborn care from preconception to a baby’s first year. Its range of services includes nutrition counseling, educational content, primary and women’s care, as well as 24/7 access to a care team member through telephone, text, or video.
The funding will enable Pomelo Care to expand its partnerships with health plans, employers, and academic medical centers. The goal is to ensure that families have access to high-quality care when they need it the most. Marta Bralic Kerns, the founder and CEO of Pomelo Care, emphasized the importance of timely and accessible care, regardless of an individual’s circumstances or health plan. By providing immediate and convenient care at home, Pomelo Care aims to reduce unnecessary emergency room visits and minimize the risk of complications during pregnancy, postpartum, and the newborn period.
Yuvo Health, a tech-enabled platform supporting federally qualified health centers (FQHCs), has also achieved significant funding success, raising $20.2 million in its Series A funding round. This brings the total raised by the New York-based company to $27.5 million. Mastry Ventures led the funding round, with participation from AV8 Ventures, AlleyCorp, New York Ventures, Route 66 Ventures, HLM Venture Partners, Social Innovation Fund, and VamosVentures.
Yuvo Health offers administrative and managed contract services to FQHCs, which are outpatient clinics providing affordable care and qualifying for special reimbursement under Medicare and Medicaid. With the latest funding, Yuvo Health plans to scale its operations and expand from New York to Ohio. The addition of Fatima Husain, cofounder and general partner of Mastry Ventures, to Yuvo’s board of directors further strengthens the company’s leadership team.
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Husain expressed confidence in Yuvo Health’s mission, highlighting the critical role FQHCs play as the primary access point for millions of underserved Americans. By providing FQHCs with a technology-driven platform for operational and administrative support, Yuvo Health aims to unlock value-based care, reduce medical costs, and improve the quality of care. The company is dedicated to driving health equity forward, and its expansion efforts are aligned with this vision.
Syntax Health, an enterprise value-based care company catering to health plans and providers, recently launched after securing $7.5 million in seed funding. The company’s enterprise solution connects payers and providers to establish aligned value-based care models and payments. It offers analytics, infrastructure, and a virtual workspace that enables management teams to negotiate contracts and evaluate the financial impacts of different scenarios.
Syntax Health’s platform was developed within Redesign Health, a company known for launching and funding various healthcare startups. Rachael Jones, CEO and founder of Syntax Health, emphasized the company’s commitment to addressing the gaps and pain points in the value-based care landscape. Jones highlighted the lack of tailored solutions and emphasized that value-based care models should not be treated as one-size-fits-all. With its analytics-driven approach and collaborative workspace, Syntax Health aims to accelerate the adoption of value-based care by providing the necessary tools for program design and implementation.
In conclusion, Pomelo Care, Yuvo Health, and Syntax Health have successfully secured significant funding rounds, enabling them to expand their operations and make a positive impact in the healthcare industry. Pomelo Care aims to provide accessible and high-quality virtual maternity care, while Yuvo Health supports federally qualified health centers in their mission to serve underserved communities. Syntax Health is focused on enhancing value-based care models and payments through its
