Digital gastrointestinal care startup Salvo Health launches with $10.5M

by | Aug 9, 2022 | Health Blog | 0 comments

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Digital gastrointestinal care startup Salvo Well being launched final week with $10.5 million in seed funding.

The spherical was led by Threshold Ventures with participation from Torch Capital and Felicis Ventures.

WHAT THEY DO

The startup affords a digital clinic geared towards folks with persistent intestine issues, together with irritable bowel syndrome (IBS), celiac illness, gastroesophageal reflux illness (GERD), dyspepsia and small intestinal bacterial overgrowth (SIBO).

For a $127-per-month membership, customers are matched with a care workforce made up of a doctor, a well being coach and a care navigator. They can assist construct a plan for vitamin, brain-gut workouts, and sleep and stress administration. Docs may also assist sufferers entry diagnostic testing or drugs.  

Salvo executives stated the corporate will use the brand new funds to put money into its expertise, market its companies, analysis member experiences and outcomes, and broaden to extra states. The startup at the moment operates in California, Florida, Illinois, Michigan, Ohio, New Jersey, New York, Pennsylvania, Texas, Tennessee, Connecticut, Kentucky and Virginia. 

“There isn’t a quick-fix cure-all for persistent situations like IBS or GERD, however with the suitable remedy method from an professional workforce, and equipping our members with numerous methods and instruments, we can assist folks restore stability to their lives,” CEO and cofounder Jeff Glueck stated in a press release. “The traditional medical system usually underserves persistent GI situations, so we assembled prime minds to offer complete and accessible care by an easy-to-use, app-based method.”

MARKET SNAPSHOT

Salvo is not alone within the digital gastrointestinal care area. One other startup that provides sufferers a digital care workforce to handle intestine well being issues is Oshi Well being, which announced a $23 million Series A round in October final yr. In March, Oshi launched a partnership with digital care firm Firefly Well being to supply its companies to their members. 

In the meantime, Vivante Well being raised $16 million in a Series A round in March. Alongside Oshi, it was added to Solera Health’s marketplace of benefits and chronic care management tools later that month. 

Editor’s word: This story was up to date with a revised record of states the place Salvo Well being operates.

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