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PatientPartner raised $7M in Seed funding led by LionBird and FCA Venture Partners to further expand its health-tech platform.

Sep 04, 2024over 1 year ago

Amount Raised

$7 Million

Round Type

seed

San DiegoMedicalBiotechnologyHealth Care

Investors

Alethea CapitalFca Venture PartnersLion Bird

Description

PatientPartner, a San Diego-based health-tech startup, raised $7M in Seed funding to improve patient engagement and adherence. The funding round included $3.5M in new money and $3.5M of convertible debt from Alethea Capital and other investors.

Company Information

Company

PatientPartner

Location

San Diego, California, United States

About

PatientPartner is a health-tech startup focused on improving patient engagement and adherence through its patient mentorship platform. The company partners with pharmaceutical manufacturers, medical device companies, clinical research organizations, and other healthcare organizations. Their scalable, technology-driven solutions aim to provide a personalized experience for patients. Currently, the platform boasts over 40,000 users and more than 500 mentors across various disease states and treatment types.

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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