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Yuvo Health Raises $7.3 Million To Advance Primary Care For Underserved Populations

PRIVATEJan 18, 2022•over 4 years ago

Amount Raised

$7.3 Million

Description

Yuvo Health, a leading technology-enabled administrative and managed-care solution for community health centers, today announced it has closed a $7.3 million seed round of funding. Led by early-stage venture fund AlleyCorp, with participation from institutional investors including AV8 Ventures, New York Ventures, and Brooklyn Bridge Ventures, as well as angel investors such as Dr. Melynda Barnes, Ro's Chief Medical Officer. Yuvo Health will leverage the new financing to expand its downstate New York initial program, develop proprietary technology tools and platform, and strengthen partnerships with Federally Qualified Health Centers (FQHCs) in the greater New York area and other key markets, nationwide.

Company Information

Company

Yuvo Health

About

Founded in New York City, Yuvo Health launched in January 2021 by a fully BIPOC founding team that has seen firsthand the power of quality care for underserved communities. The innovative startup is an industry-leading solution for providing administrative and managed-care contracting services to Federally Qualified Health Centers (FQHCs). Institutional investors include AlleyCorp, AV8 Ventures, New York Ventures, and Brooklyn Bridge Ventures, and angel investors such as Melynda Barnes, Ro's Chief Medical Officer. With Yuvo, our nation's FQHCs gain the peace of mind to focus on what they do best: provide quality care to communities in need. Our FQHC partners are able to unlock revenue streams via value-based care without the daunting investment and operating burden. Currently serving the downstate New York market, the company plans to expand across New York, the Midwest, and the Mid-Atlantic regions. To learn more about the company, visit yuvohealth.com, email info@yuvohealth.com, and follow them on LinkedIn.

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