Reema Health Scores $8 Million to Help Patients Address SDOH

Patient engagement company Reema Health scored $8 million in seed funding for its platform designed to help the hard-to-reach patients get care.

This new infusion of cash brings the Total funding of startup in Minneapolis up to $10 million.

WHAT IT DOES

The company created a platform that helps patients access care and other resources that affect social determinants of health. Patients can come to Reema if they feel lonely talking to someone.

The service also helps patients with transportation barriers by providing rides to appointments and daily activities. On the medical side, patients can use the service to find a doctor and help pay for medications.

Reema is also focused on supporting patients to access food and housing.

WHAT IS IT FOR?

The company said it plans to use the new funds to grow its business and expand its reach.

MARKET SNAPSHOT

More and more digital health companies are trying to tackle the social health determinants of patients. Alphabet spinout Cityblock Health, a primary care startup focused on Medicaid and low-income populations, raised $400 million in September 2021. This brought the company’s total valuation to $5.7 billion.

In the fall, Unite Us, a healthcare coordination startup, announced the acquisition of fellow digital social determinants from a health-focused company NowPow for an undisclosed amount. This came less than a year after Unite scored US$150 million in a Series C funding round.

Big tech is also creating new tools to shed light on health disparities. In 2021, Google supported the Morehouse School of Medicine’s Satcher Health Leadership Institute in creating a new data platform that highlights the diverse effects of COVID-19 on marginalized communities.