Sempre Health Secures $20 Million In Funding From Cencora Ventures, Echo Health Ventures, And Others

Sep 13, 2023•over 2 years ago

Amount Raised

$20 Million

San FranciscoMedicalBiotechnologyHealth Care

Investors

Industry VenturesUpmc EnterprisesThe Blue Venture FundEcho Health VenturesCencora Ventures

Description

Sempre Health, the leading solution for behavior-based healthcare pricing, today announced $20M in additional funding from three new investors, including Cencora Ventures and Echo Health Ventures. Existing investors including the Blue Venture Fund, UPMC Enterprises and Industry Ventures also participated.

Company Information

Company

Sempre Health

Location

San Francisco, California, United States

About

Sempre Health is bringing behavior-based, individualized copays to healthcare. Today, we work with health plans and pharma manufacturers to dynamically adjust copays based on individual adherence and behavior, seamlessly at the point of fill. Sempre uses behavioral economics and SMS to engage patients over time. For example, if you are adherent and take your medications regularly, you will pay less when filling your prescription. This means you can bring your own costs down over time. Sempre enables long-term behavior change and saves healthcare dollars, while addressing affordability in a unique way. We parse millions of prescription records to predict the right price, for the right patient, at the right time. Then our data integrations deliver that price at any pharmacy in the US. Via SMS, patients have access to their discounts, why they got those discounts and guidance on how to improve their health.

Related People

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Funding Insights

Based on industry data

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

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