Marigold Health raises $11M in Series A funding led by Rock Health and Innospark Ventures to expand its platform for peer support services

Jun 17, 2024•over 1 year ago

Amount Raised

$11 Million

Round Type

series a

BostonHealth Care

Investors

Kd T VenturesVns Health PlanKoa LabsEpsilon Health InvestorsStand Together Venture LabWavemaker360Commonwealth Care AllianceInnospark VenturesRock Health

Description

Virtual peer-support startup Marigold Health has secured $11 million in Series A funding. The company plans to use the funding to expand its platform, which offers one-to-one support from certified peer or recovery coaches, anonymous chat support groups, and focuses on working with Medicaid and Medicare populations.

Company Information

Company

Marigold Health

Location

Boston, Massachusetts, United States

About

Marigold Health's mission is to give people agency in their health and recovery. We achieve this by designing technology to facilitate human connection and by training people in recovery to support others. Since 2016, Marigold has engaged thousands of patients and validated novel peer-peer interventions in multiple federally funded studies. We pride ourselves on designing for accessibility. Over 75% of our current members are on public health insurance, and our provider partners are a diverse network of primary care clinics, substance use treatment providers, and hospital systems.

Related People

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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