Pediatric telehealth startup Summer time Well being introduced the shut of a $11.65 million Sequence A increase led by 7wireVentures and Lux Capital.
Pivotal Ventures, a Melinda French Gates fund, participated within the increase alongside present buyers Sequoia Capital, Field Group and Chelsea Clinton’s Metrodora Ventures.
Alyssa Jaffee, associate at 7wireVentures, Alfred Lin of Sequoia Capital, Deena Shakir of Lux Capital and Chelsea Clinton of Metradora Ventures will be a part of Summer time’s board of administrators.
WHAT IT DOES
Summer time Well being is a pediatric telehealth messaging service based in 2022. Mother and father can textual content the service for therapy questions relating to breastfeeding, feeding points and non-emergency wants like bumps and bruises.
The New York-based firm plans to make use of the money to broaden its expertise platform.
“Summer time Well being was based to radically simplify entry to pediatric care. Our 24/7 platform provides dad and mom entry to care that matches their lives in minutes from anyplace. I exploit it to information my very own parenting selections and maintain my youngsters wholesome, whether or not I’m at house, on trip, or it’s the midnight,” Ellen DaSilva, founder and CEO of Summer time Well being, mentioned in a press release.
MARKET SNAPSHOT
Summer time Well being raised $7.5 million in 2022 in a funding spherical led by Sequoia Capital and Lux Capital. Quite a lot of further buyers participated within the spherical, together with Field Group, Shrug Capital, Metrodora Ventures, Springbank Collective, Coalition Operators and Shifting Ventures.
One other pediatric care firm is Owlet, which this week introduced a partnership with telehealth staffing firm Wheel to permit caregivers of infants to prescribe Owlet’s FDA cleared pulse oximetry socks.
