Gem Specialty Health, Inc., a Minneapolis, MI-based nationwide digital specialty care clinic, raised a seed financing round.
The round was led by HealthTrend Capital, with participation from existing investor Base10 Partners and new investor Mairs & Power Venture Capital. In conjunction with the financing, HealthTrend Capital’s Managing Partner, Bill Brinkman, and Sam Meckey, CEO of UpHealth (NYSE: UPH) joined Gem Health’s Board of Directors.
The company, which has now raised over $5m to date, intends to use the capital to expand coverage through more health plans.
Founded in 2022 by Brian Sauer, Gem Health offers GEM SLEEP, its first solution tackling the fragmented path to getting diagnosis, treatment, and support for sleep conditions including obstructive sleep apnea (OSA). GEM SLEEP removes these barriers with a comprehensive digital solution that is simple to use, is available on demand, and provides personalized support.
The solution treats patients in 48 states + DC and is actively expanding reimbursement options through health plans and employers to ensure broad access to care.
FinSMEs
12/09/2023