Los Angeles, USA-based, the first value-based whole-family healthcare provider, Nest Health, raised more than USD 4 million in an extended Seed Round. The round took place on March 12, 2024. SpringTide led the financing for the company. Meanwhile, additional sources, including Alumni Ventures, Ochsner Ventures, and others, provided the additional support.
Purpose of financing for Nest Health
The company earlier raised a USD 15 million initial Seed Round in March 2023. 8VC and the Blue Venture Fund, with support from MVP, Health 2047, and Gaingels led the financing back then.
With the latest funding, the company seeks to grow Nest Health’s reach to new markets and health plans.
What the company’s official has to add
Founder and CEO Dr. Rebekah Gee said, “Greater reach allows Nest to meaningfully change the health not only of families we serve, but of populations as a whole. Families eat together, experience addiction together, and experience poverty and poor health together. Treating an individual alone, particularly for high-and-rising-risk caregivers, ignores this reality and ultimately leads to poor health outcomes for the family. Treating the family as a unit, when and where it’s convenient for them, at home, has the power to radically improve access to quality healthcare for families, in Louisiana and beyond.”
What the investors have to comment
SpringTide partner Brad Otto shares, “We’re thrilled to support Nest and their mission to make whole-family care radically accessible. This investment signals a much-needed change to support innovations in delivering care to our country’s most vulnerable populations. Nest is the first to design home-based care for families, and we couldn’t be more excited to be a part of this critical stage of growth for the company and the industry.”
About the company
Dr. Rebekah Gee and Rebecca Kavoussi are the founders of the company. The company is currently hiring for a number of roles. The first value-based in-home and online healthcare provider designed with families in mind is Nest Health. Nest Health, which has its headquarters in New Orleans, collaborates with insurers and families to provide a healthy start in life. Nest improves family health and well-being by utilizing a value-based care paradigm and creative primary care.
Nest provides same-day and next-day availability, house calls, virtual visits, evening and weekend appointments, and a nurse line that is manned around-the-clock. Families using Nest Health will be able to receive timely, high-quality healthcare without having to find child care or transportation, make several appointments, wait in waiting rooms, or take additional time off work.
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