# Solv Health

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

- Industry: Healthcare
- Headquarters: Oakland, US
- Website: www.solvhealth.com
- Total disclosed funding: $95M
- Latest round: Series C (Aug 16, 2021)
- Investors on record: 7

## About

Solv Health, Inc. provides a digital platform designed to streamline the booking of same-day urgent care services for both adults and pediatric patients, enhancing accessibility to healthcare.Founded in 2016 in Oakland, US, Solv Health, Inc. specializes in connecting patients with urgent care providers. The company has secured a total of USD 45.00 mn in funding, particularly through its SERIES C round in August 2021, co-led by Corner Ventures and Acrew Capital. Daniele Farnedi and Jen S are the founders, contributing to a company that has completed four funding deals to date. Solv's current valuation stands at USD 360.57 mn.Solv Health offers a digital platform that facilitates the booking of same-day urgent care services, catering to both adults and pediatric patients. The core offering, accessible via mobile and web applications, allows users to search for healthcare providers, view transparent pricing through Solv ClearPrice™, and conveniently schedule in-person or telemedicine visits. This service addresses the need for immediate access to healthcare, minimizing wait times and the inconvenience associated with traditional healthcare models. Solv Health's client base includes a diverse demographic across major urban markets such as Atlanta, Boston, Chicago, and San Francisco, among others, as it seeks to serve patients nationwide with a focus on accessibility and efficiency.Solv Health's revenue model is centered around service fees associated with bookings made through its platform, which connects patients with urgent care providers. These transactions typically occur on a direct-to-consumer basis, where patients pay for services rendered, including consultations and lab tests. The platform may also engage in partnerships with healthcare providers, enabling them to enhance patient access and streamline their operations through Solv's technology. Clients utilizing Solv's services benefit from a clear pricing structure for urgent care services, enhancing the transparency of costs for users seeking healthcare solutions.In August 2021, Solv Health, Inc. raised USD 45.00 mn in SERIES C funding to accelerate the growth of its national network of providers, paving the way for consumer-driven and digital-first healthcare. The company plans to expand its services into additional geographic markets, with specific targets to be outlined based on strategic assessments in the coming quarters. The funding will also bolster the development of new products aimed at enhancing patient access and optimizing operational efficiencies.

## Funding rounds

- Series C, Aug 16, 2021, $45M — Benchmark, Greylock Partners, Corner Ventures, Acrew Capital
- Series B, Nov 12, 2020, $27M — Benchmark, Greylock Partners, Light Street Capital Management, Acrew Capital, Retirement Plan for Employees of Multicare Health System
- Series B, May 8, 2018, $17M — Benchmark, Greylock Partners, Aspect Ventures
- Series A, Apr 19, 2017, $6.3M — Benchmark

## Investors

- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series A, Series B, Series C
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Series B, Series C
- Aspect Ventures (https://capitalatlas.ai/funds/aspect-ventures) — Series B
- Light Street Capital Management (https://capitalatlas.ai/funds/light-street-capital-management) — Series B
- Acrew Capital (https://capitalatlas.ai/funds/acrew-capital) — Series B, Series C
- Retirement Plan for Employees of Multicare Health System — Series B
- Corner Ventures (https://capitalatlas.ai/funds/corner-ventures) — Series C