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Solace Raises $14M to Expand Healthcare Advocacy Platform

by Fred Pennic 08/23/2024 Leave a Comment

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What You Should Know: 

– Solace, a digital health platform connecting patients with expert healthcare advocates secures $14M in Series A funding led by Inspired Capital, with participation from existing backers Craft Ventures and Torch Capital, as well as new investors including Anne Wojcicki, the late Susan Wojcicki, RiverPark Ventures, and Coalition Operators. 

– The new funding brings Solace’s total funding to $21M since its founding.  

Empower Patients through Healthcare Advocates

Founded in 2022 by Jeremy Gurewitz and Sara Sargent, Solace aims to revolutionize the healthcare experience by providing personalized advocacy services to patients. Inspired by Gurewitz’s personal experience with his mother’s battle with pancreatic cancer, Solace seeks to address the gaps in care and health literacy that affect millions of individuals in the United States.

Connect to Healthcare Advocates Network

Solace’s platform connects patients with a network of experienced healthcare advocates who provide personalized support throughout their care journey. These advocates offer guidance, information, and empowerment, helping patients navigate the complexities of the healthcare system.

Key features of Solace’s platform include:

  • Personalized advocacy: Advocates work one-on-one with patients to address their specific needs and concerns.
  • Comprehensive support: Advocates can assist with a wide range of healthcare tasks, including scheduling appointments, coordinating care, and navigating insurance claims.
  • Easy access: Solace offers affordable services, with most patients paying as little as $0 out-of-pocket.
  • High-quality network: Solace maintains a rigorous screening process to ensure that its network of advocates is comprised of qualified and experienced professionals.

The Power of Advocacy

Clinical evidence demonstrates the effectiveness of healthcare advocacy in improving patient outcomes. By providing personalized support and guidance, advocates can help patients make informed decisions, navigate complex systems, and achieve better health results.

Expanding Access to Healthcare Advocacy

With this new funding, Solace plans to expand its services to reach a wider population of patients. The company aims to increase its network of healthcare advocates and expand its coverage across the United States. Additionally, Solace will continue to develop its platform to enhance the patient experience and improve the effectiveness of its advocacy services.

“We are committed to redefining the healthcare landscape in the U.S. for patients,” said Sara Sargent, Co-Founder and Chief Product Officer at Solace. “Solace Advocates are exceptional at knowing the right words to say and the best steps to take to solve problems and help patients get the care they need. Our technology removes the barriers to insurance reimbursement for advocates, expanding patient access and enabling the advocates to focus on people, not paperwork.”

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