Pomelo Care, a virtual maternity care platform, announced it secured $46 million in Series B funding.
Existing investors Andreessen Horowitz (a16z) and First Round Capital led the round.
Stripes, Operator Partners, SV Angel and BoxGroup also participated in the round alongside angel investors Adam Boehler and Puneet Singh.
The New York-based company partners with employers, health plans and providers to offer virtual fertility, pregnancy and newborn care from preconception through a baby’s first year. Its offerings include nutrition counseling, educational content, primary and women’s care, and 24/7 telephone, text or video access with a care team member.
“We’ve long known what works to reduce maternal and infant complications, but these interventions have historically been difficult to implement through the traditional healthcare system,” Marta Bralic Kerns, founder and CEO of Pomelo Care, told MobiHealthNews in an email. “We presented data at ACOG that our care model is having an impact on the root causes of the maternal health crisis. With this funding, we’ll be scaling this care model with commercial and Medicaid plans to improve outcomes for patients across the country.”
Marigold Health, which offers an AI-supported peer support chat for people with substance abuse disorders and other mental health issues, closed an $11 million Series A round led by Rock Health and Innospark Ventures.
The Commonwealth Care Alliance, KdT Ventures, Epsilon Health Investors, VNS Health Plan, Stand Together Ventures Lab, Koa Labs and Wavemaker360 also participated in the round.
The company offers an anonymous peer support program for individuals with substance use disorder or other mental health conditions. The program includes 24/7 access to text-based support groups and one-on-one coaching from a certified specialist.
The funds will expand the company’s reach, partnerships, and peer workforce.
“Historically, most investment in SUD care has focused on the small minority of people already receiving and open to treatment,” Shrenik Jain, founder and CEO of Marigold Health, said in a statement.
“Generally, this treatment isn’t very effective – peer support is the unspoken reality on how most people finally get better. We’re creating a safe place for our members to empower each other and get the best out of a broken system.”
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