# Praia Health

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

- Industry: Healthcare IT
- Headquarters: Chicago, US
- Website: www.praiahealth.com
- Total disclosed funding: $16M
- Latest round: Series A (Apr 1, 2024)
- Investors on record: 4

## About

Based in Washington, US, and founded in 2024 by CEO Justin Dearborn, Praia Health, Inc., a.k.a. Praia Health operates as a digital health company that focuses on providing a healthcare platform that provides a patient portal, enabling patients to monitor appointments, test results, prescriptions, and correspondence with healthcare practitioners across institutions. In April 2024, Praia Health, Inc. raised USD 20 million in a Series A funding led by Frist Cressey Ventures, with participation from SignalFire, Epsilon Health Investors, and Providence Ventures. As of April 2024, Justin Dearborn is the CEO of the company. In November 2024, Praia Health, Inc. raised an undisclosed amount of venture funding from new investor Labcorp Venture Fund.


The company provides a consumer platform that digitizes healthcare by integrating consumer solutions with EMR systems. The platform offers identity services that facilitate the transition to consumer-based identity management, offering secure account creation and management independent of EMR accounts. In addition, the platform also offers SPI services to ensure secure interaction with EMRs, while the PersonStore Data Services feature syncs consumer data across platforms for a comprehensive view. The Praia Health Platform API simplifies integration into existing health systems, promising efficient deployment and personalized experiences.

The company plans to use its proceeds from April 2024 funding to support the platform's capacity to improve the large-scale, personalized health solution delivery process and enable digitally driven health system reform.

## Funding rounds

- Series A, Apr 1, 2024, $16M — Allumia Ventures, SignalFire, Frist Cressey Ventures, Epsilon Health Investors

## Investors

- Allumia Ventures (https://capitalatlas.ai/funds/allumia-ventures) — Series A
- SignalFire (https://capitalatlas.ai/funds/signalfire) — Series A
- Frist Cressey Ventures (https://capitalatlas.ai/funds/frist-cressey-ventures) — Series A
- Epsilon Health Investors (https://capitalatlas.ai/funds/epsilon-health-investors) — Series A