Saturday, May 18, 2024
HomeFunding NYC-based Summer Health Secures $11.65Million in Series A Round Funding

[Funding alert] NYC-based Summer Health Secures $11.65Million in Series A Round Funding

Summer Health, a digital health startup that provides parents with round-the-clock paediatric assistance, has raised $11.65 million in its series A round of investment.

Summer Health, a digital health startup that provides parents with round-the-clock paediatric assistance, has raised $11.65 million in its series A round of investment.

New investment 7wire Ventures and returning investor Lux Capital co-led the round. Along with new investors Pivotal Ventures, a Melinda French Gates firm, and Leaps by Bayer, the returning investors Sequoia Capital, Metrodora Ventures, Box Group, and Shrug Capital took part.

The Summer board will also include Chelsea Clinton of Metrodora Ventures, Alyssa Jaffee of 7wire Ventures, Deena Shakir of Lux Capital, and Alfred Lin of Sequoia Capital.

In order to address the lack of widespread access to paediatricians and to increase the range of services available to parents, the firm plans to utilise the money to increase its distribution through employer and consumer channels.

Read also – CA-based Anvilogic Secures $45Million in Series C Round Funding

Summer Health is a text-based companion to a family’s primary paediatrician, eliminating the need for pointless visits and providing help whenever and wherever needed. It is led by CEO Ellen DaSilva and head of clinical Dr Ali Alhassani.

Since its inception in July 2022, hundreds of parents have managed urgent medical advise and prescribed prescriptions as needed using the company’s core product, text-based care in under 15 minutes. The business added long-term paediatric care, sleep training, tracking developmental milestones, and breastfeeding assistance to their longitudinal primary care approach in November 2023.

About Summer Health

In order to drastically reduce the barriers to paediatric treatment, Summer Health was established. Parents may get care that works for them 24/7 from anywhere in minutes using their platform. Whether it’s late at night or I’m on vacation, I utilise it to inform my parenting choices and ensure my kids stay healthy. My infant girl was wailing nonstop for many hours last week, and I was unable to find out what was wrong, so I resorted to my Summer Health care team.

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular