Key Highlights
- Solace raises $14M in Series A funding led by Inspired Capital, with participation from Craft Ventures and Torch Capital.
- $21M in total funding will accelerate platform development and expand advocate network across the U.S.
- Solace connects patients with healthcare advocates for personalized navigation through complex healthcare challenges.
- Expansion into Medicaid & private insurance planned, making advocacy more accessible.
Source: Business Wire
Notable Quotes
- “Nearly everyone has had, or knows someone who has had, a nightmare interaction with the U.S. healthcare system.” — Jeremy Gurewitz, Co-Founder & CEO at Solace
- “We are committed to redefining the healthcare landscape in the U.S. for patients.” — Sara Sargent, Co-Founder & Chief Product Officer at Solace
- “It’s clear to us that Jeremy and Sara personally understand how complex navigating the healthcare system can be.” — Alexa von Tobel, Co-Founder & Managing Partner at Inspired Capital
SoHC's Take
Solace’s latest funding round signals a significant shift in the healthcare industry, where personalized advocacy is becoming a critical component of patient care. With their human-centric approach, Solace is not only addressing the systemic issues within U.S. healthcare but is also setting a new standard for patient support. The platform’s expansion into Medicaid and private insurance indicates a broadening impact, potentially improving outcomes for millions more Americans. This funding will likely propel Solace to become a leader in healthcare advocacy, making it an essential service in the healthcare journey.
