On-demand, home care company Sprinter Health has secured $55 million in the Series B Finance Round, led by General Catalyst.
Andreessen Horowitz (A16Z) Other existing investors including Bio + Health and University of California Regent, Google Ventures and Accel, participated in the round.
What it does
Sprinter Health Partners and Local Health Institutions and Partners Patient’s home We will perform blood collection, vital checks, and medical tests including Covid-19.
Patients can book appointments via the app and receive notifications when the provider is on the way.
The company will use its funds to expand its technology and services.
“For the past few years, we have been relatively quietly public because we wanted to demonstrate that we could reach our patients’ homes at affordable prices, give them great clinical experience and drive ROIs for our payer partners.” said Max Cohen, co-founder and CEO of Sprinter Health MobiHealthNews.
“Now we’ve done it, so replicating the model to have a true national presence to bring Sprinter versions of home care to millions of patients a year.”
Market Snapshot
In 2022, Sprinter Healthcare partnered Integrate Firefly Health’s home-based clinical services into Firefly’s virtual primary care.
Firefly members can receive lab draws at home, critical checks, electrocardiograms, diabetic eye tests and hood screenings via Sprinter’s PH blood and nurses. Firefly doctors will receive lab results and electronic notes for reviews.
In 2021, Sprinter Health raised $33 million in Series A funding.
The round was led Participated from investors such as Andreessen Horowitz, General Catalyst, Accel, and Google Ventures. Angel investors included Doordash Cofounder and CEO Tony Xu and former U.S. Sen. Bill Frist of Tennessee.
Other companies in the home care space include In April, Reimagine Care will work with MedStar Health to integrate an on-demand oncology platform into the healthcare system’s cancer care delivery model to help patients move from clinical care to home.
Reimagine Care’s patient-centric model brings patients to their homes with technology, data insights and interdisciplinary care teams.
Our partnership with Reimagine Care allows MedStar Health to expand its cancer treatment services beyond clinics, including additional symptom management, remote patient monitoring, and supporting care.
Received in 2024 by Melbourne-based Kismet Seed funds from the round led by Tech Investors Prosus Ventures and Airtree Ventures are $8.2 million.
Kismet’s engagement ecosystem digitally links caregivers, caregivers, health insurance and health providers from home, disabled and elderly segments around the world.
Kismet participants, the company’s web and mobile-based platform, organize healthcare providers classified by distance, rating, or price into more than 30 categories that match individual insurance benefits or National Disability Insurance Scheme (NDIS) plans.
2023, Best Buy Health and Mass General Brigham has announced that the tech giant will provide technology, human-centered aid and omnichannel logistics to provide acute home care services for the healthcare system, home hospitals, Medicare certified home health businesses and home health care.
Home Hospitals provide home care to patients with conditions such as infectious diseases, chronic obstructive pulmonary disease, or heart disease that requires hospitalization.
The care team consists of sophisticated practice providers, paramedics, nurses, doctors and other clinicians.
