Pediatric telehealth startup Summer season Well being introduced the shut of a $11.65 million Collection A elevate led by 7wireVentures and Lux Capital.
Pivotal Ventures,Β a Melinda French Gates fund, participated within the elevate alongside current buyers Sequoia Capital, Field Group and Chelsea Clintonβs Metrodora Ventures.Β
Alyssa Jaffee, associate at 7wireVentures, Alfred Lin of Sequoia Capital, Deena Shakir of Lux Capital and Chelsea Clinton of Metradora Ventures will be a part of Summer seasonβs board of administrators.Β
WHAT IT DOES
Summer season Well being is a pediatric telehealth messaging service based in 2022. Dad and mom can textual content the service for therapy questions relating to breastfeeding, feeding points and non-emergency wants like bumps and bruises.Β
The New York-based firm plans to make use of the money to develop its expertise platform.Β
“Summer season Well being was based to radically simplify entry to pediatric care. Our 24/7 platform provides dad and mom entry to care that matches their lives in minutes from wherever. I take advantage of it to information my very own parenting selections and preserve my kids wholesome, whether or not Iβm at house, on trip, or itβs the nighttime,” Ellen DaSilva, founder and CEO of Summer season Well being, mentioned in a press release.Β
MARKET SNAPSHOT
Summer season Well being raised $7.5 million in 2022 in a funding spherical led by Sequoia Capital and Lux Capital. Quite a few extra buyers participated within the spherical, together with Field Group, Shrug Capital, Metrodora Ventures, Springbank Collective, Coalition Operators and Transferring Ventures.Β
One other pediatric care firm is Owlet, which this week introduced a partnership with telehealth staffing firm Wheel to permit caregivers of infants to prescribe Owletβs FDA cleared pulse oximetry socks.Β