Foundation Health Secures $6 Million in Seed Funding to Power the Next Generation of Consumer Healthcare Experiences
Summary
SAN FRANCISCO, March 11, 2024 (GLOBE NEWSWIRE) -- Foundation Health, a pioneering healthcare technology company, today announced the closure of a $6 million seed funding round. Propelling Foundation Health into an exciting phase of growth, participants in the round include industry leaders Garry Tan (CEO, Y Combinator), Transpose Platform, Tuesday VC, Alt Capital, Box Group, Liquid Ventures, Exceptional Capital, Calm/Storm Ventures, and PageOne Ventures, with support from angel investors Paul Johnson (Lemonaid) and Meghan Fitzgerald (Grey Ghost Advisors).Foundation Health is dedicated to redefining the consumer healthcare experience by empowering clients to quickly develop and launch modern, digital-first pharmacy and telehealth solutions at scale. Features include pharmacist support 24/7, a variety of delivery methods, and clear, transparent pricing that allows patients to choose between cash or insurance. Expandable options include telehealth and clinical services such as brand-to-generic switching and MTM to help improve adherence and, ultimately, health outcomes. "While Foundation Healths services currently span the US, UK, and EU markets, the companys initial focus will be on driving innovation within the US healthcare landscape.