# PeopleOne Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/peopleone-health

- Industry: Healthcare
- Headquarters: Pittsburgh, US
- Website: www.peopleonehealth.com
- Total disclosed funding: $32M
- Latest round: Series B (Jul 8, 2024)
- Investors on record: 2

## About

PeopleOne Health, Inc. is a US-based company dedicated to value-based primary care, focusing on innovative healthcare solutions that enhance physical and mental well-being for its members while minimizing out-of-pocket expenses.Established in 2021 and headquartered in Pittsburgh, US, PeopleOne Health, Inc. specializes in providing comprehensive healthcare services. The company was co-founded by Patrick Reilly and Zane Gates, with Jordan Taradash serving as CEO. Since its inception, PeopleOne has raised a total of USD 23.65 mn through multiple funding rounds, with the latest being a Series B round on July 8, 2024, led by GV, which also contributed to a total of USD 41 mn raised across various rounds. This funding supports the company's strategic expansion and operational enhancements.PeopleOne Health specializes in value-based primary care, focusing on delivering comprehensive healthcare solutions aimed at improving both physical and mental health outcomes for its members. Their core offerings include a wide range of prevention and treatment services available through state-of-the-art health centers. Notable features of their services are the absence of copays, deductibles, or coinsurance, enhancing accessibility for employees and their families, funded by employers. The company operates in various geographical markets across the United States, catering to self-funded employer healthcare plans, allowing organizations to reduce their healthcare costs by up to 30% while providing necessary healthcare resources. The target clientele includes forward-thinking employers committed to workforce wellness and engagement, ensuring a healthier, more productive workforce.PeopleOne Health generates revenue primarily through partnerships with self-funded employers who integrate its healthcare services into employee benefit offerings. The company’s revenue transactions are structured around B2B relationships where employers pay for comprehensive healthcare services provided to their employees. This model allows organizations to manage healthcare costs effectively while enhancing employee engagement and health outcomes. The flagship service, recognized for its quality and effectiveness, contributes to significant savings for both employers and employees, with members reportedly saving an average of USD 1,200 in out-of-pocket expenses during their first year. By focusing on a value-based care framework, PeopleOne Health reinforces its commitment to delivering high-quality healthcare solutions that align with the financial and health objectives of its client base.Following its recent Series B funding of USD 23.65 mn, raised on July 8, 2024, PeopleOne Health plans to leverage these resources to develop new healthcare products designed to enhance overall service delivery. The company is also targeting expansion into additional geographic markets within the United States, aiming to reach wider client bases by the end of 2025. The funding will facilitate these initiatives and support the deployment of innovative technologies aimed at improving patient care.

## Funding rounds

- Series B, Jul 8, 2024, $24M — GV
- Series A, Oct 26, 2021, $8M — Claritas Capital

## Investors

- Claritas Capital (https://capitalatlas.ai/funds/claritas-capital) — Series A
- GV (https://capitalatlas.ai/funds/gv) — Series B
