How Much Did SolvHealth Raise?
Funding & Key Investors

SolvHealth, a San Francisco-based innovator in healthcare access, has secured significant enterprise-level funding, with its most recent capital infusion being a major strategic investment. The total funding amount for the company stands at $78.3M, underscoring its substantial growth and market traction. This latest financing round, which occurred on September 2, 2021, signifies a pivotal moment for SolvHealth as it continues to enhance its platform for booking same-day doctor's appointments.

What is SolvHealth?

SolvHealth
SoftwareHealthcare SoftwareMobile App Development

Founded in 2016, SolvHealth operates a mobile-friendly service designed to streamline the process of finding and booking same-day appointments at urgent care clinics. The company leverages a team with deep expertise in product, engineering, and operations, drawn from prominent consumer technology firms like Trulia. SolvHealth's mission is to inject convenience and transparency into the healthcare system through its technology platform, addressing a critical need for accessible and immediate medical care.

How much funding has SolvHealth raised?

SolvHealth has raised a total of $78.3M across 3 funding rounds:

2017

Series A

$6.3M

2020

Series B

$27M

2021

Series C

$45M

Series A (2017): $6.3M with participation from Ensemble Labs, Aspect Ventures, and Benchmark Capital

Series B (2020): $27M led by Benchmark, MultiCare Health System, Greylock Partners, Acrew Capital, and Light Street Capital

Series C (2021): $45M supported by Corner Ventures, Greylock Partners, Benchmark Capital, and Acrew Capital Management

Key Investors in SolvHealth

Greylock Partners

Greylock Partners is a prominent venture capital firm founded in 1965, known for its early-stage technology investments across various sectors including consumer internet, enterprise software, and AI. They have a history of backing market-defining companies.

Acrew Capital Management

Acrew Capital is a venture capital firm focused on long-term partnerships with early-stage to growth-stage companies, emphasizing diverse perspectives and resilience in their investment strategy.

Benchmark Capital

Benchmark Capital is a well-established venture capital firm that has invested in numerous successful technology companies, known for its strategic support of early-stage ventures.

What's next for SolvHealth?

The substantial enterprise-level backing and recent strategic investment position SolvHealth for accelerated expansion and further development of its healthcare technology platform. With a clear trajectory from its Series A financing in 2017 through its Series C round in 2021, the company is poised to deepen its market penetration and potentially explore new service offerings. This capital infusion will likely fuel enhancements to its user experience, expansion of its clinic network, and continued innovation in making healthcare more accessible.

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Frequently Asked Questions Regarding SolvHealth Financial Insights

What are the most recent funding rounds that SolvHealth has completed, and what were the funding rounds?
SolvHealth has recently completed 3 funding rounds: Series C on Sep 2, 2021, Series B on Nov 12, 2020, Series A on Apr 19, 2017.
What is the total amount of funding SolvHealth has raised to date?
SolvHealth has raised a total of $78.3M in funding to date.
How many funding rounds has SolvHealth completed?
SolvHealth has completed 3 funding rounds.
How much funding did SolvHealth raise in its most recent funding round?
SolvHealth raised $45M in its most recent funding round.
Who are the lead investors in SolvHealth's latest funding round?
The lead investor in SolvHealth's latest funding round was Corner Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SolvHealth's history?
The largest funding round in SolvHealth's history was $45M.
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