# Socially Determined

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/socially-determined

- Industry: Software
- Headquarters: Washington, US
- Website: www.sociallydetermined.com
- Total disclosed funding: $34M
- Latest round: Series B (May 27, 2022)
- Investors on record: 10

## About

Socially Determined, Inc. specializes in Social Risk Intelligence solutions to enhance healthcare outcomes by analyzing social determinants impacting populations.Founded in 2017 in Washington, US, Socially Determined, Inc. provides analytics solutions that highlight social risks in healthcare. The company has successfully completed six deals, with its most recent funding round being a Series B of USD 22.70 mn on May 27, 2022, led by Questa Capital Management. The founding team includes Trenor Williams, who serves as CEO, alongside Anthony Beverina and Nithi Vivatrat.Socially Determined specializes in providing Social Risk Intelligence solutions aimed at enhancing healthcare outcomes by understanding the social determinants affecting populations. Their flagship product, SocialScape®, functions as a comprehensive analytics platform that identifies and quantifies social risks, allowing organizations to visualize their impact on health outcomes and business performance. The platform is designed to support health plans, health systems, life sciences companies, and nonprofits by delivering actionable insights that inform intervention strategies. By illuminating the existence and implications of social barriers to healthcare, Socially Determined enables its clients to optimize investments and track program efficacy. The company serves clients primarily in the United States, focusing on organizations that require a granular understanding of social risks to drive measurable change in healthcare delivery.The revenue model of Socially Determined is primarily structured around subscription-based access to their Social Risk Intelligence platform, along with advisory services tailored to specific client needs. Clients engage with the company through defined agreements that may include annual subscriptions for access to SocialScape® and associated analytics tools. Additionally, partnerships may involve custom consulting services to address unique challenges faced by clients in the healthcare sector. The pricing structure reflects the complexity and value of the insights provided, although specific pricing details are not disclosed. This revenue model supports a B2B approach, allowing organizations to leverage advanced analytics in their decision-making processes to enhance health outcomes and reduce costs associated with social barriers.Following its recent Series B funding of USD 22.70 mn in May 2022, Socially Determined plans to utilize the financing to accelerate growth through product enhancements, sales and marketing initiatives, and research and development. The company is focused on launching new features for SocialScape® aimed at improving the analytics provided to clients. Additionally, Socially Determined is targeting expansion into new markets, particularly in underserved regions within the United States, to reach more healthcare organizations by the end of 2023.

## Funding rounds

- Series B, May 27, 2022, $23M — LRVHealth, The Ziegler Companies, Inc., OSF Ventures, Questa Capital, Healthworx
- Series A, Jan 22, 2020, $3.8M — LRVHealth, The Ziegler Companies, Inc., 3M Co, ProMedica Healthcare Retirement Plan, OSF HealthCare, Lafayette General Health, Healthworx, CareFirst BlueCross BlueShield
- Series A, Oct 28, 2019, $7.3M — LRVHealth, The Ziegler Companies, Inc., 3M Co, ProMedica Healthcare Retirement Plan, OSF Ventures

## Investors

- LRVHealth (https://capitalatlas.ai/funds/lrvhealth) — Series A, Series B
- The Ziegler Companies, Inc. — Series A, Series B
- 3M Co — Series A
- ProMedica Healthcare Retirement Plan — Series A
- OSF Ventures (https://capitalatlas.ai/funds/osf-ventures) — Series A, Series B
- OSF HealthCare — Series A
- Lafayette General Health — Series A
- Healthworx (https://capitalatlas.ai/funds/healthworx) — Series A, Series B
- CareFirst BlueCross BlueShield — Series A
- Questa Capital (https://capitalatlas.ai/funds/questa-capital) — Series B