Sollis Health Raises $33 Million to Expand Personalized Concierge Medical Services Across the U.S.

Sollis Health's New Funding to Revolutionize Concierge Medicine

In a significant move towards enhancing personalized healthcare services, Sollis Health, a pioneer in concierge medicine, has recently completed a Series B funding round, raising an impressive $33 million. The round, spearheaded by Foresite Capital, also saw participation from notable investors like Torch Capital, Montage Ventures, Friedom Partners, Read Capital, and One Eight Capital. This substantial injection of capital is aimed at scaling Sollis Health’s unique model of urgent and emergency care to meet the growing demand for high-touch healthcare experiences across the United States.

A Unique Approach to Healthcare

Sollis Health distinguishes itself as the first concierge medical provider to offer its members round-the-clock access to ER-level diagnostics and capabilities. With this innovative membership model, the company aims to remove the frustration of long waiting times and the traditional complexities associated with conventional healthcare.

Currently, Sollis Health operates state-of-the-art facilities in key urban locations such as New York, the Hamptons, Los Angeles, San Francisco, and South Florida. The company aims to double down on its expansion by opening new clinics in vital markets such as Silicon Valley, Miami, and Texas.

Since its Series A funding in 2021, Sollis Health has experienced remarkable growth, more than tripling its membership count. The new funding will allow Sollis Health to broaden its scope of services and cater to diverse customer segments in even more locations, ensuring that they can respond to any urgent medical needs efficiently.

Vision for the Future

Stephen Peterson, a partner at Foresite Capital, articulated the firm’s confidence in Sollis Health, stating, "Sollis has shown a relentless dedication to delivering quality, empathetic care at a time when the healthcare industry as a whole is often lacking in personalization." This reflects a growing recognition that the patient experience is paramount in better healthcare delivery.

Brad Olson, CEO of Sollis Health, expressed enthusiasm about the relationship with Foresite Capital. "This investment will enable us to accelerate our growth and introduce innovative services that provide immediate and seamless care, 24/7, 365 days a year. We are dedicated to responding to what feels urgent for our members," he noted.

The newly acquired funding will not only enhance the core offerings of Sollis Health but also support the recent launch of a family membership tier, which incorporates unique features like concierge pediatric services tailored to family needs.

Building on Success

Sollis Health aims to solidify its position as the premier choice for on-demand medical care through infrastructure expansion and technological advancements. By developing proprietary technology that enhances the member experience, the organization is taking proactive steps to ensure accessibility and reliability within its services.

Dr. Scott Braunstein, the National Medical Director, leads the clinical operations at Sollis Health, offering over two decades of experience in emergency and internal medicine. His leadership, along with a team of seasoned healthcare professionals, aims to redefine the quality of care provided to members, making an on-demand doctor feel like a family resource.

Sollis Health’s commitment to enhancing healthcare delivery through its innovative approach is not only revolutionary but essential in today's fast-paced society. With ongoing expansions and a clear vision for integrating advanced personalized care, Sollis Health is on track to transform the healthcare landscape in the United States.

For more details about Sollis Health and the diverse range of membership options available, visit sollishealth.com.

About Sollis Health

Sollis Health operates as a subscription-based medical service that provides on-demand access to high-quality healthcare. With 24/7 availability, it strives to ensure that its members receive prompt, attentive care tailored to their unique needs. This innovative healthcare strategy makes consulting a medical professional as easy as a phone call, positioning Sollis Health as a leading entity in the concierge medicine sector.

About Foresite Capital

Founded in 2011, Foresite Capital is a multi-stage investment firm specializing in healthcare and life sciences. With over $3.5 billion in assets, the firm seeks to invest in promising healthcare advancements to address unmet medical needs effectively.