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Venture Capital News: Solace Announces $14M Series A Round

2024-08-22
REDWOOD CITY, CA, Solace, a digital health platform that connects patients with expert healthcare advocates, today announces that it has raised $14 million in Series A funding.
Solace was founded in 2022 to improve health outcomes for individuals and families through a human-centric, personalized navigation approach.

The round was 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. With $21M in total funding since its founding, Solace plans to accelerate development of its digital platform for patients and advocates and expand its network of healthcare advocates and its coverage across the United States.

Solace is a digital platform that connects people with expert healthcare advocates covered by insurance. Healthcare in the U.S. is so complex that most people struggle to manage even mild health issues. After personal experiences with the healthcare system, Solace's co-founders Jeremy Gurewitz and Sara Sargent launched Solace in 2022 to fight for the millions of patients in the U.S. who have to navigate healthcare alone. Solace exists to empower patients, improve outcomes, and restore the promise of the U.S. healthcare system. Using proprietary technology to match individuals with dedicated, personal advocates, Solace cuts through the red tape of healthcare and supports individuals and families in ways the health system can't. Solace is now covered across all 50 U.S. states by Medicare and most Medicare Advantage plans.
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