Healthcare app Solv raises $27M

Healthcare platform Solv announced the close of its $27 million Series B+ funding round led by Acrew Capital with participation from MultiCare Health System, Light Street Capital as well as previous investors Benchmark and Greylock Partners.

“We’re seeing dramatic shifts in the way healthcare is being accessed today. Until recently, it’s been a one size fits all experience where you must book an appointment weeks in advance, drive to the office, wait and only then see a doctor. COVID-19 has pulled the future forward. Healthcare has shifted to a digital-first experience, allowing Americans to engage with healthcare from their homes without disruption in their daily lives. Solv is leading the charge to make sure that innovative providers can offer a digital-first experience, and consumers get more access to what they need, when they need it, from their phones.” – CEO and co-founder of Solv, Heather Fernandez.

“I’ve had the honor to have worked closely with the dedicated and ambitious Solv team since 2017. I’m thrilled to further extend my partnership and join the board as they are not only rethinking what the healthcare industry should look like, but taking major strides in transforming it so that Americans don’t have to sacrifice their health just because it wasn’t easy to get a doctors appointment. Solv’s massive growth this year proves that patients nationwide are embracing the move to digital healthcare so that they don’t have to wonder what doctor to go to, where they should be seen and how much it would cost them. Solv is enabling consumers to get the care they need, when they need it, which is truly remarkable.” – Founding Partner of Acrew Capital, Theresia Gouw.