Family planning platform Stork Club scores $30M, Sempre Health lands $15M to build new prescription cost-saving partnerships and more digital health fundings

Also: obesity telemedicine platform Form Health raises $12M for company growth and Ksana Health closes $2M seed round to add objective insights to mental healthcare.
By Mallory Hackett
02:16 pm
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Photo by IronHeart/Getty Images

Family planning platform for employees Stork Club has added $30 million in new funding through a Series A round.

The round was led by General Catalyst and included participation from existing investors  Bowery Capital and Slow Ventures, as well as angel investors Jack Altman, founder of Lattice, Zach Sims, founder of Codecademy, Oleg Rogynskyy, founder of People.ai, and Kevin Mahaffey, founder of Lookout.

Stork Club is offered as an employee benefit to guide workers through the parenting journey, with services ranging from IVF and child adoption through postpartum recovery and newborn care. The company did not specify what the funds would be used for.

“Modern families include working women, older couples and LGBTQ+ couples looking to have children. It’s no longer a heterosexual couple having children in their 20s, yet the traditional healthcare model does not support these types of families,” Jeni Mayorskaya, founder and CEO of Stork Club, said in a statement. “It’s time our healthcare model caught up to the times and provides services to all types of people. By rethinking healthcare from the ground up, we have an opportunity to make it a win-win for both people and organizations, providing better care resulting in better outcomes for people, and saving businesses millions on healthcare-related costs.”


Sempre Health, a behavior-based healthcare pricing platform, has closed a $15 million Series B funding round led by Blue Venture Fund, the Blue Cross Blue Shield Association and Sandbox.

Additional investors such as UPMC Enterprises, Rethink Impact, LifeForce Capital and Industry Ventures participated in the round as well.

Sempre offers patients discounts on their prescriptions when they refill them on time, with the hopes of improving medication adherence. The company partners with health plans and works with pharma manufacturers to give patients savings.

With the new funding, Sempre will build new partnerships with payers and pharma companies to expand its user base.


Obesity telemedicine platform Form Health recently announced a $12 million Series A funding round led by M13 with participation from SignalFire and NextView Ventures.

The company provides personalized virtual weight loss care to consumers across 21 states.

Form plans to use the funding to fuel company growth.

“Form Health provides patients with access to an empathetic and medically trained team whenever and wherever is most convenient,” Evan Richardson, the founder and CEO of Form Health, said in a statement. “In Texas, the average distance between a Form Health patient and doctor is 160 miles. The ability to offer American Board of Obesity Medicine clinicians via telehealth is the key to unlocking true access for patients, the vast majority of whom do not have access to convenient, timely medical obesity care. In the months to come, Form Health is excited to expand awareness, expand insurance coverage, serve many more patients, and enable healthier lives without judgment and stigma.”


Ksana Health, a platform working to integrate objective data into mental healthcare, has raised $2 million in seed funding. re.Mind Capital led the round with additional participation from WPSS Investments, Panoramic Ventures, the Telosity Fund, Palo Santo Venture Fund and Able Partners.

The company’s latest digital health solution, Vira, will be piloted the Anthem Digital Incubator. Vira converts quantifiable behavioral patterns collected by smartphones into actionable and objective insights for practitioners and their patients.

“One of the biggest problems with mental health services is that they’re stuck in the office or limited to weekly Zoom calls,” Dr. Nick Allen, Ksana Health’s CEO and cofounder said in a statement. “The Vira Platform allows practitioners to work more efficiently and effectively by utilizing real-time data to develop personalized interventions that meet patients where they are.”

Ksana did not specify what the funding would be used for.

 

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