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Pomelo Care raised $46M in Series B funding led by Andreessen Horowitz and First Round Capital to scale virtual maternity care and improve maternal health outcomes.

Jun 20, 2024over 1 year ago

Amount Raised

$46 Million

Round Type

series b

New YorkMedicalHealth Care

Investors

Puneet SinghAdam BoehlerBox GroupSv AngelOperator PartnersStripesFirst Round CapitalAndreessen Horowitz

Description

Pomelo Care, a virtual maternity care platform, secured $46 million in Series B funding. The funding will be used to scale the care model with commercial and Medicaid plans to improve outcomes for patients across the country.

Company Information

Company

Pomelo Care

Location

New York, New York, United States

About

Pomelo Care is a virtual medical practice that addresses underlying risk factors to improve maternal and newborn health, increase access to care and reduce avoidable costs. The company supports its patients from preconception through an infant’s first year with personalized and proactive 24/7 care from a dedicated, multispecialty team. Pomelo works with leading commercial and Medicaid health plans and employers including Penn Medicine, Mount Sinai Health System, Koch Industries, Elevance Health, Healthy Blue Nebraska, Nebraska Total Care, a Centene affiliate, and more. Pomelo Care is backed by Andreessen Horowitz, First Round Capital, BoxGroup, Operator Partners, SV Angel and Allen & Company LLC.

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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
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech