Pomelo Care, a New York-based virtual medical practice that improves maternal and newborn health outcomes, raised $33M in Seed and Series A funding.
The rounds wad led by Andreessen Horowitz with additional participating investors First Round Capital (who co-led the Seed round), SV Angel, Operator Partners, Allen & Company LLC and BoxGroup, joined by angel investors and healthcare industry leaders including Adam Boehler, Managing Partner of Rubicon Founders, Former Director of the Center for Medicare and Medicaid Innovation (CMMI), and Founder of Landmark Health and Puneet Singh, Former Chief Growth Officer, Diversified Business Group at Elevance.
The company intends to use the funds to accelerate its partnership expansion with health plans, including several Medicaid managed care organizations, employers and academic medical centers on the front lines of the national maternal health crisis.
Led by Marta Bralic Kerns, founder and CEO, Pomelo Care is a virtual medical practice that addresses underlying risk factors to improve maternal and newborn health, increase access to care and reduce avoidable costs. The company supports its patients from preconception through an infant’s first year with personalized and proactive 24/7 care from a dedicated, multispecialty team. Pomelo uses data to predict and proactively identify risk, provides holistic care leveraging evidence-based protocols and novel care programs and makes 24/7 care accessible via phone, text and video.
The company currently serves patients in 44 states and partners with national payers, several of the largest Medicaid managed care organizations in the country, employers including Penn Medicine, Mount Sinai Health System, Koch Industries, Elevance Health, Healthy Blue Nebraska, Nebraska Total Care, a Centene affiliate, and more.
FinSMEs
08/06/2023