Patient assistance company Reema Health has raised $8 million in seed funding for their platform designed to help hard-to-reach patients get care.
This new cash flow brings The Minneapolis-based startup’s total funding amounts to $10 million.
WHAT IT DOES
The company has created a platform to help support patients access care and other resources that impact social determinants of health. Patients can contact Reema if they feel lonely to talk to someone.
The service also helps patients overcome traffic barriers by providing rides to appointments and daily activities. On the medical side, patients can use the service to find a doctor and help pay for drugs.
Reema also focuses on helping patients access food and housing.
FOR WHAT
The company said it plans to use the new funds to grow its operations and build reach.
SNAPSHOT . MARKET
More and more digital health companies are looking to address the social determinants of patient health. Alphabet turns out Cityblock Healtha primary care startup targeting Medicaid and low-income individuals, raised $400 million in September 2021. This brought the company’s total valuation to 5.7 billion dollars.
In the fall, care coordination startup Unite Us announced the purchase of the health-focused company’s digital social determinants NowPow for an undisclosed amount. This happened less than a year after Unite Us scored $150 million in Series C funding round.
Big tech is also creating new tools to help unravel health disparities. In 2021, Google supported the Satcher Health Leadership Institute at Morehouse School of Medicine in creating a new data platform highlighting the various impacts of COVID-19 on marginalized communities.
