December 4, 2023
FemTech: Pomelo Care Secures $33M for Value-Based Virtual Maternity Care Platform

What You Ought to Know: 

  • Pomelo Care, an NYC-based value-based digital maternity care platform that improves maternal and new child well being outcomes, introduced $33M in Seed and Sequence A funding led by Andreessen Horowitz. The newest spherical brings its whole capital raised up to now to $33M. 
  • The corporate helps its sufferers from preconception by means of an toddler’s first yr with customized and proactive 24/7 care from a devoted, multispecialty group.

Being pregnant & new child care, anytime & anyplace

FemTech: Pomelo Care Secures $33M for Value-Based Virtual Maternity Care Platform

Regardless of spending $111B yearly on maternal healthcare, the U.S. has a few of the highest charges of preterm delivery, NICU admissions and preventable maternal issues within the developed world. Maternal mortality worsened throughout the pandemic, with poor maternal and new child outcomes remaining much more widespread in communities of shade and rural areas. One in ten newborns begin their life within the NICU and cesarean births have elevated 41% during the last 20 years. Nevertheless, with evidence-based and accessible interventions, preterm births might be lowered by 33%, cesarean deliveries lowered by 40% and the common NICU keep lowered by not less than 4 days.

Pomelo’s multispecialty group of skilled clinicians cares for moms and infants from preconception by means of being pregnant, delivery and one yr postpartum, spanning every thing from prenatal care to vitamin and lactation to psychological well being. Its value-based digital care mannequin pairs every affected person with a personalised care group to comprehensively tackle maternal well being inequities and the foundation causes of poor outcomes. Pomelo makes use of knowledge to foretell and proactively establish threat, gives holistic care leveraging evidence-based protocols and novel care applications and makes 24/7 care accessible through cellphone, textual content and video. Pomelo works with main business and Medicaid well being plans and employers together with Penn Drugs, Mount Sinai Well being System, Koch Industries, Elevance Well being, Wholesome Blue Nebraska, Nebraska Whole Care, a Centene affiliate, and extra.

“We all know that the fitting care on the proper time can dramatically enhance outcomes for households. Everybody deserves entry to high-quality care, no matter their circumstances or well being plan,” stated Marta Bralic Kerns, founder and CEO at Pomelo Care. “That’s why Pomelo exists – we tackle affected person considerations immediately and at house, preserving them out of the emergency room unnecessarily and reducing their threat of being pregnant, postpartum and new child issues.”

Latest Traction/Milestones

  • On monitor to cowl two million lives this yr: Pomelo at the moment serves sufferers in 44 states and companions with nationwide payers, a number of of the biggest Medicaid managed care organizations within the nation, employers together with Mount Sinai Well being System and main tutorial medical facilities together with Penn Drugs.
  • > 4.9/5 common affected person satisfaction: Pomelo gives 24/7 entry to care with one-third of affected person interactions happening outdoors of conventional clinic hours and a mean response time of 5 minutes.

Growth Plans

Pomelo plans to make use of the funding to gas its continued partnership growth with main well being plans, together with a number of Medicaid managed care organizations, employers and main tutorial medical facilities on the entrance traces of the nationwide maternal well being disaster.