Maternity care supplier Pomelo Care secures $46 million in Collection B funding
US-based digital maternity care supplier Pomelo Care has secured $46 million in a Collection B funding spherical, aiming to deal with the nation's maternal well being disaster.
Present traders First Spherical Capital and Andreessen Horowitz Bio + Well being led the fundraising.
Stripes and present traders Operator Companions, SV Angel and BoxGroup additionally contributed to the spherical, alongside angel traders particularly Rubicon Founders founder and managing accomplice Adam Boehler and CareBridge CEO Puneet Singh.
The latest funding brings Pomelo Care's whole funding to $79 million.
Pomelo Care will use the funding to speed up partnerships with payers throughout the nation.
The corporate companions with business and Medicaid well being plans, in addition to employers, to supply digital fertility, postpartum and toddler care companies.
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Its companies are meant to deal with the alarming statistics within the US, the place one in 10 infants is admitted to a neonatal intensive care unit at start. The corporate additionally factors out that the US has greater maternal mortality charges than comparable international locations, with the state of affairs being significantly dire for individuals of coloration.
The corporate additional highlights that one in eight births within the U.S. happens in areas with restricted or no entry to maternal care. Moreover, roughly half of pregnancy-related deaths within the US happen after hospital discharge, highlighting important gaps in postpartum care.
Pomelo Care claims its care mannequin addresses these limitations through the use of claims and medical document knowledge to proactively establish particular person threat components and supply evidence-based care.
Pomelo Care founder and CEO Marta Bralic Kerns acknowledged: “We now have lengthy identified what works to scale back issues in moms and kids. The questions have all the time been: are you able to establish the sufferers most in danger, are you able to deeply interact them in care to drive adoption of the prevention methods that we all know work, and may you do that in populations with the very best threat and with probably the most restricted entry? to guarantee? This knowledge exhibits that we completely can. And with this extra funding, we have now the chance to scale our care mannequin to extra pregnant individuals throughout the nation.”
Since early 2024, Pomelo Care has expanded its protection with well being plan companions from two million to greater than three million lives, serving sufferers in 46 states.
