Solace Raises $60 Million Series B

<p><strong>REDWOOD CITY<&sol;strong> &&num;8212&semi; Solace&comma; a digital health platform that connects patients with expert health advocates&comma; has closed a &dollar;60 million Series B funding round&period;<&sol;p>&NewLine;<p>Founded in 2022&comma; Solace was built to fix a broken system and improve health outcomes by prioritizing humans at the center of healthcare&period; This funding round validates the founding thesis that personalized healthcare navigation is effective&comma; and essential&period;<&sol;p>&NewLine;<p>This round was led by Menlo Ventures with participation from existing backers Craft Ventures&comma; Inspired Capital and Torch Capital&comma; as well as new investor SignalFire&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The healthcare industry is at a tipping point&period; Payers increasingly recognize that patient advocacy isn&&num;8217&semi;t a support function&period; It&&num;8217&semi;s structurally necessary&comma;&&num;8221&semi; said Jeremy Gurewitz&comma; CEO and co-founder of Solace&period; &&num;8220&semi;This investment validates our momentum and the critical role advocacy plays in reshaping the healthcare landscape&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Solace’s proprietary EHR and data platform eliminates friction and brings clarity to the modern care journey&period; This funding will accelerate development across the patient and advocate experiences while Solace scales its national network of healthcare advocates&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Solace delivers what legacy systems can’t&comma;&&num;8221&semi; said Sara Sargent&comma; Chief Product Officer and co-founder of Solace&period; &&num;8220&semi;Personalized&comma; tech-enabled advocacy that scales&period; Our platform anticipates needs&comma; guides decisions in real time&comma; and makes advocacy an integral part of every patient’s experience&period;&&num;8221&semi;<&sol;p>&NewLine;