What You Should Know:
– Solv (Solv Health), a San Francisco, CA-based national network of healthcare providers making same-day and next-day healthcare accessible to anyone, announced it has raised $45M in Series C funding led by Acrew Capital and Corner Ventures. The Series C round also included participation from prior investors Greylock Partners and Benchmark Capital.
– The funding will support Solv’s expansion of its national network of healthcare providers, consumer-driven healthcare offerings like same-day in person appointments and virtual care, and increased cost transparency for patients.
Empowering Consumers to Simplify Their Day-to-Day Healthcare Needs
Today, 1 in 16 Americans have used Solv to schedule care, making same-day appointments with just a few taps of a phone, reducing their in-office wait-time by filling out digital forms pre-appointment, and texting with their provider. Founded in 2016, Solv connects patients to a national network of convenient healthcare providers, empowering consumers to simplify their everyday healthcare needs
For providers, Solv’s technology improves their quality of service, engagement with their patients, and the performance of their practice. For consumers, Solv offers same-day appointment availability, in-person and virtual visits, and cost transparency. Today, over 100 million Americans live within five miles of a same-day appointment with Solv.
“At Solv, we see an opportunity to push the industry towards a more digital, consumer-focused, and accessible reality,” said Solv CEO and co-founder, Heather Fernandez. “Just as the financial crisis changed consumer expectations and drove innovation in fintech, we are seeing the same trends in healthcare because of the COVID-19 pandemic. By placing patients front and center, both sides of the healthcare system benefit, and we can move the industry closer to the future we are working to build.”