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Socially Determined Closes $26M Series B Financing To Set The Standard For Propelling Successful Health Equity And Sdoh Initiatives

PRIVATEJun 28, 2022

Amount Raised

$26 Million

Round Type

Series B

WashingtonProfessional Services

Description

Socially Determined®, the healthcare analytics company that delivers Social Risk IntelligenceTM to organizations committed to addressing the Social Determinants of Health (SDOH), today announced that it closed a $26 million Series B financing. The investment was led by Questa Capital with participation from existing investors LRVHealth, OSF Healthcare, Ziegler Link-Age Funds and HealthWorx, the investment and innovation arm of CareFirst BlueCross BlueShield (CareFirst).

Quick answer

Socially Determined, Inc. raised $26 Million in a Series B round, dated June 28, 2022. Socially Determined, Inc. is based in Washington, District Of Columbia, United States.

How much did Socially Determined, Inc. raise?
Socially Determined, Inc. raised $26 Million in a Series B round on June 28, 2022.
What does Socially Determined, Inc. do?
Service enabled technology platform that aggregates the social determinants of health with clinical data to drive insight and improve care.
Where is Socially Determined, Inc. based and how big is it?
Socially Determined, Inc. is based in Washington, District Of Columbia, United States.

Source: Fundz verified event record.

Who else raised in Professional Services around the same time

Companies in the same sectors as Socially Determined, Inc. that raised within 45 days of this round, from Fundz verified event records.

  • Arora Engineers raised an undisclosed amount (Funding Round) on August 11, 2022.
  • CloudBees raised $701K (Seed) on August 11, 2022.
  • JANEL CORP raised $4M (Seed) on August 10, 2022.
  • Revival Homes raised $1.1M (Seed) on August 10, 2022.
  • NEFCO raised an undisclosed amount on August 10, 2022.
  • Roo Veterinary raised $11M on August 9, 2022.

Who to call at Socially Determined, Inc., and when

A new round usually means Socially Determined, Inc. is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Socially Determined, Inc. raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Socially Determined, Inc., from your own LinkedIn network

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Company Information

Company

Socially Determined, Inc.

Location

1000 MAIN AVE SW

Washington, District Of Columbia, United States

About

Service enabled technology platform that aggregates the social determinants of health with clinical data to drive insight and improve care.

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Fundz sees it the moment Socially Determined, Inc. raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Socially Determined, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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