Solera Health raised $5 million in a new round of equity financing, according to an SEC filing posted this week.
Solera’s technology platform is designed to connect patients and physicians with non-clinical healthcare providers such as community organizations and national programs. Solera contracts with health plans to bring chronic disease prevention programs, such as the Centers for Disease Control & Prevention’s Diabetes Prevention Program, to its member base.
Money in the round came from 4 anonymous investors, according to an SEC filing. The Phoenix, Ariz.-based company has not yet stated how it plans to spend the funds raised in the round.
Last October, Solera Health said it inked a strategic partnership deal with behavior change company Gain Life, looking to offer mindset-focused, gender-specific approaches to diabetes prevention.
The deal will position Gain Life as part of Solera’s integrated network of chronic disease prevention and management partners, the company said.
Gain Life touted its Diabetes Prevention Program as recognized by the Centers for Disease Control and Prevention, saying the initiative focuses on men and women’s “unique health and wellness needs.” The program includes both the male-focused ManUP health and female focused PowerUP health, 52-week programs designed to curb the risk of developing type 2 diabetes.
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