Sollis Health Secures $33 Million Series B Funding for Nationwide Expansion and Product Innovation

Sollis Health, a leading concierge medicine provider, has successfully closed a Series B funding round, raising $33 million. This round was led by Foresite Capital, with participation from Torch Capital, Montage Ventures, Friedom Partners, Read Capital, and One Eight Capital, among others. The funding will be utilized to drive nationwide expansion, product innovation, and to enhance member experience.

The company plans to kickstart this expansion with the establishment of new clinic locations in key areas such as Silicon Valley, Miami, and Texas. Sollis Health's unique membership model ensures 24/7 access to ER-level diagnostics and capabilities, eliminating wait times and complexities associated with traditional healthcare. Since its Series A round in 2021, the company has witnessed a significant surge in membership, positioning itself for further growth and the introduction of new services to cater to diverse customer segments.

The investment will enable Sollis Health to scale operations across the United States, addressing the escalating demand for round-the-clock concierge care. The funding will also support the development of new services, including a Family+ membership tier and the integration of proprietary technology to enhance the member experience.

Furthermore, the investment will facilitate the establishment of new centers, including a flagship location in Texas, along with centers in Miami and Silicon Valley. Sollis Health remains committed to offering on-demand medical care through its innovative membership tiers, with a focus on providing immediate, seamless, and personalized care to its members. 

Source: PR NewsWire