San Francisco, CA, Sept. 02, 2021 (Globe NEWSWIRE) — Solv, a national network of healthcare companies generating very same-day and future-day healthcare obtainable to anybody, right now introduced the close of its $45 Million Series C funding round led by Acrew Capital and Corner Ventures. Other contributors include things like prior traders Greylock Partners and Benchmark Capital. The funding will aid the company’s expansion of its nationwide network of healthcare companies, shopper-pushed healthcare choices like same-working day in human being appointments and digital treatment, and elevated charge transparency for patients.
“At Solv, we see an possibility to drive the field in the direction of a much more electronic, shopper-targeted, and obtainable truth,” claimed Solv CEO and co-founder, Heather Fernandez. “Just as the economic disaster altered buyer anticipations and drove innovation in fintech, we are viewing the identical trends in health care simply because of the COVID-19 pandemic. By inserting sufferers entrance and heart, both of those sides of the healthcare method profit, and we can go the business closer to the potential we are doing the job to establish.”
Right now, 1 in 16 People have used Solv to program care, earning exact same-day appointments with just a couple of faucets of a phone, lowering their in-office hold out-time by filling out digital types pre-appointment, and texting with their provider. Over 100 million Us citizens dwell within five miles of a exact same-day appointment with Solv.
“While I have known Heather and a lot of associates of the Solv team from their time at Trulia, I continue to be astonished by their vision and development due to the fact we originally invested in Solv in early 2016,” stated Theresia Gouw, Founding Husband or wife of Acrew Funds and Solv board member. “Over the previous year-and-a-50 percent, Solv has accelerated all through the pandemic aiding thousands and thousands of Individuals navigate the healthcare process specially relating to entry to immediate COVID testing and digital care. Solv’s technological know-how and pace of execution addresses important desires in health care for the duration of a time of new and evolving consumer demand from customers.”
Solv also announced the institution of its Marketplace Advisory Board, which will do the job closely with the Solv leadership staff and Board of Directors to manual the organization as a result of potential development. The 3 founding Advisory Board members are: Alexandra Morehouse, Main Advertising Officer of Banner Health, Florence Chang, Executive Vice President & Chief Running Officer of MultiCare Wellbeing Method, and Regina Benjamin, M.D., MBA, previous U.S. Surgeon Typical.
Solv connects clients to a national network of effortless health care providers, empowering shoppers to simplify their daily healthcare needs For suppliers, Solv’s technology enhances their high-quality of assistance, engagement with their clients, and the general performance of their observe. For customers, Solv delivers very same-working day appointment availability, in-person and virtual visits, and value transparency. Solv gets rid of the strain of each day healthcare by allowing you know where you can go, when you may be found, and how a lot it will price tag.
To conveniently ebook an appointment with Solv, or to find a nearby COVID-19 testing or vaccination internet site, remember to pay a visit to www.solvhealth.com.
About Acrew Funds
Acrew Funds is an early phase venture firm that engages in lengthy phrase partnership with earth-class teams uniquely suited to resolving massive, challenging challenges. We believe that the greatest investment conclusions are pushed by a blend of depth of conviction and range of point of view and that expense ought to be tailored to the specific requirements of every single founding group. Acrew investment themes consist of Cybersecurity and Infrastructure Modernized, Fiscal Products and services Rebuilt, Function Reimagined, Info Interconnected and Neighborhood Activated. The Acrew founding team earlier labored together at Component Ventures and brings together encounter from Accel, Brown College, Google, Greycroft, and Imperva. Present-day Acrew group investments contain Cato Networks, Chime, Exabeam, Pie Insurance policies, Silverfort, Tara.ai, and HotelTonight/AirBnB. Collectively, the firm’s monitor file involves 5 IPOs, about 20 successful acquisitions and about 100 rounds of follow-on money raises, resulting in around $20 billion in marketplace value developed and more than $1B in returns to investors. For additional details stop by www.acrewcapital.com.
About Corner Ventures
Corner Ventures invests in the up coming generation of iconic technological innovation providers. Considering that our founding in 2004 as DAG Ventures, we’ve partnered with top rated-tier early-stage undertaking firms and business owners to develop excellent results. In 2018, DAG Ventures was rebranded Corner Ventures as the firm’s upcoming chapter to continue on setting up upon our legacy as a trustworthy lover and source to founders, seed and Collection A buyers, and globe-class innovators by providing unique insights, strategic expansion money, and accessibility to world wide traders and professional networks. From our workplaces in Palo Alto, New York, Tel Aviv and Tokyo, we function intently with our associates, portfolio providers and their respective founders to support navigate the changeover from promising get started-up to class-defining leader. We have invested in above 180 corporations, with above 145 exits, including 30 IPOs. (www.cornerventures.com)