Better Health, a San Francisco CA-based medical provider, raised $10M in Series A funding.
The round was led by Caffeinated Capital and General Catalyst with participation from Bill Ackman’s family office, Table Management, 8VC, Anorak Ventures, Tank Hill Venture Partners, Motive Science, Modern Ventures and Unpopular VC.
The company intends to use the funds to build out its capabilities to include specialized telehealth services covered by insurance, expand its model of bundled supplies, education and telehealth into new categories of products and chronic conditions, and expand its partnerships with health systems and payers.
Led by Naama Stauber Breckler and Adam Breckler, Better Health is a new type of healthcare provider offering an end-to-end chronic condition care solution, bundling peer-support, education, telehealth, and home delivery of medical supplies. The company currently operates in 46 states and its services are covered by insurance for more than 81M lives across the country. Its insurance partners include Medicare, Medicaid, Oscar Health, and Humana, among other payers.