Cayaba Care, a Philadelphia, PA-based maternity health startup, closed a $12m Series A funding round.
The round was led by Seae Ventures and Kapor Capital and includes new investors Wellington Partners, Citi Impact Fund and Rhia Ventures.
The company intends to use the funds to expand its presence within underserved populations, increase staff, launch in additional markets and further invest in technology solutions.
Founded in 2020 by Dr. Olan Soremekun, CEO, Cayaba Care is a maternal health company offering community-based clinical services via technology-enabled multidisciplinary care teams. It provides care coordination, benefit sign-up, routine maternity care in the prenatal and postpartum period, mental health/counseling, breastfeeding support, and patient education. As part of their local-first model, the company partners with health systems such as Einstein Medical Center Philadelphia and Penn Medicine, as well as community organizations such as high schools, nonprofits, church groups, and local agencies to provide holistic, home-based care beyond what existing services can provide.
Cayaba Care:
- Provides a single point of contact, a local, trained Maternity Navigator who is the go-to point person for resources, logistics, accountability and emotional support.
- The Maternity Navigator and patients still receive support from a diverse staff of nurse practitioners, OBGYNs, lactation consultants, social workers and behavioral health specialists.
- Regular in-home and virtual visits to meet patients where they are and remove the cost barrier of transportation, childcare, and time taken off of work.
FinSMEs
19/05/2022