{"id":1380,"date":"2021-10-14T10:53:58","date_gmt":"2021-10-14T17:53:58","guid":{"rendered":"https:\/\/joinbetter.com\/community\/blog\/?p=1380"},"modified":"2021-10-14T10:54:00","modified_gmt":"2021-10-14T17:54:00","slug":"better-health-series-a-funding","status":"publish","type":"post","link":"https:\/\/joinbetter.com\/community\/blog\/inside-better-health\/better-health-series-a-funding\/","title":{"rendered":"An Exciting Announcement!"},"content":{"rendered":"\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"337\" data-attachment-id=\"1381\" data-permalink=\"https:\/\/joinbetter.com\/community\/blog\/inside-better-health\/better-health-series-a-funding\/attachment\/1634213289402\/\" data-orig-file=\"https:\/\/i0.wp.com\/blog.joinbetter.com\/wp-content\/uploads\/2021\/10\/1634213289402.png?fit=1280%2C674&amp;ssl=1\" data-orig-size=\"1280,674\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1634213289402\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/blog.joinbetter.com\/wp-content\/uploads\/2021\/10\/1634213289402.png?fit=640%2C337&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/blog.joinbetter.com\/wp-content\/uploads\/2021\/10\/1634213289402.png?resize=640%2C337&#038;ssl=1\" alt=\"\" class=\"wp-image-1381\" srcset=\"https:\/\/i0.wp.com\/blog.joinbetter.com\/wp-content\/uploads\/2021\/10\/1634213289402.png?resize=1024%2C539&amp;ssl=1 1024w, https:\/\/i0.wp.com\/blog.joinbetter.com\/wp-content\/uploads\/2021\/10\/1634213289402.png?resize=300%2C158&amp;ssl=1 300w, https:\/\/i0.wp.com\/blog.joinbetter.com\/wp-content\/uploads\/2021\/10\/1634213289402.png?resize=768%2C404&amp;ssl=1 768w, https:\/\/i0.wp.com\/blog.joinbetter.com\/wp-content\/uploads\/2021\/10\/1634213289402.png?w=1280&amp;ssl=1 1280w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Today, we&#8217;re excited to announce a $10 million Series A funding round led by Caffeinated Capital and General Catalyst with participation from Bill Ackman\u2019s family office, Table Management, 8VC, Anorak Ventures, Tank Hill Venture Partners, Motive Science, Modern Ventures and Unpopular VC.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At Better Health we are building a new type of healthcare provider offering an end-to-end chronic condition care solution, bundling peer-support, education, telehealth and home delivery of medical supplies. We help our members discover and purchase the best medical equipment and supplies to address their underlying chronic conditions and provides additional support and education, offering a personalized chronic condition management solution at home.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"878\" data-attachment-id=\"1383\" data-permalink=\"https:\/\/joinbetter.com\/community\/blog\/inside-better-health\/better-health-series-a-funding\/attachment\/1634209966579\/\" data-orig-file=\"https:\/\/i0.wp.com\/blog.joinbetter.com\/wp-content\/uploads\/2021\/10\/1634209966579.png?fit=1093%2C1500&amp;ssl=1\" data-orig-size=\"1093,1500\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1634209966579\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/blog.joinbetter.com\/wp-content\/uploads\/2021\/10\/1634209966579.png?fit=640%2C878&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/blog.joinbetter.com\/wp-content\/uploads\/2021\/10\/1634209966579.png?resize=640%2C878&#038;ssl=1\" alt=\"\" class=\"wp-image-1383\" srcset=\"https:\/\/i0.wp.com\/blog.joinbetter.com\/wp-content\/uploads\/2021\/10\/1634209966579.png?resize=746%2C1024&amp;ssl=1 746w, https:\/\/i0.wp.com\/blog.joinbetter.com\/wp-content\/uploads\/2021\/10\/1634209966579.png?resize=219%2C300&amp;ssl=1 219w, https:\/\/i0.wp.com\/blog.joinbetter.com\/wp-content\/uploads\/2021\/10\/1634209966579.png?resize=768%2C1054&amp;ssl=1 768w, https:\/\/i0.wp.com\/blog.joinbetter.com\/wp-content\/uploads\/2021\/10\/1634209966579.png?w=1093&amp;ssl=1 1093w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Supporting Rapid Growth and Expansion<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe\u2019re excited to continue supporting our members in managing their health at home and to expand our services and offering to meet their growing needs,\u201d said Naama Stauber Breckler, CEO and co-founder of Better Health. \u201cWhen it comes to medical supplies, receiving the right support makes all the difference in improving patient health outcomes and in reducing overall utilization of care.\u201d<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cI love investing in exceptional founders, building category-defining companies disrupting antiquated markets with low NPS. Since investing in its seed round Better Health had grown tremendously, it grew its member base 4.5x in the first half of 2021 alone. I\u2019m excited about what the coming year will bring,\u201d said Raymond Tonsing, founder and managing partner at Caffeinated Capital.<\/p><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Funding will be used to build out the company\u2019s capabilities to include specialized telehealth services covered by insurance, expand its model of bundled supplies, education and telehealth into new categories of products and chronic conditions, and expand its partnerships with health systems and payers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Improving Health Outcomes<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Better Health&#8217;s solution has already achieved great results for populations with ostomies and chronic urological conditions. A recent study by the company shows 64% of participants who went through Better Health\u2019s peer coaching program reduced their utilization of care (e.g., doctor or hospital visits) and 47% saw an improvement in their mental health scores.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe primary benefit of the coaching program is that patients are seen as more than just their diagnoses,\u201d said Stauber Breckler. \u201cSpeaking to their peers helps them normalize their new condition and regain the confidence to travel, manage relationships, exercise and live their best lives.\u201d<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><em>\u201cOne of the core pillars of our\u00a0Health Assurance\u00a0thesis is empowering people living with chronic conditions,\u201d said Hemant Taneja, managing partner at General Catalyst. \u201cWe could not be prouder to partner with the Better Health team in making the process of procuring vital medical equipment and supplies seamless. We believe everyone should be able to receive care with dignity and from the comfort of their own home \u2014 Better Health allows just that.\u201d<\/em><\/p><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Working with Better Health<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We&#8217;re expanding our partnerships with payers and providers. If you want to learn how Better Health can help your members, visit&nbsp;<a href=\"https:\/\/joinbetter.com\/pages\/payer-partners\" target=\"_blank\" rel=\"noreferrer noopener\">joinbetter.com\/payer-partners<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you&#8217;re passionate about improving our healthcare system and making a tangible impact on people\u2019s lives, we\u2019d love to hear from you! Join us at&nbsp;<a href=\"https:\/\/joinbetter.com\/pages\/careers\" target=\"_blank\" rel=\"noreferrer noopener\">joinbetter.com\/careers<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>About Better Health<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Co-founded by Naama Stauber Breckler and Adam Breckler, Better Health is a new type of healthcare provider offering an end-to-end chronic condition care solution, bundling peer-support, education, tele-health, and home delivery of medical supplies. Better Health currently operates in 46 states and its services are covered by insurance for more than 81M lives across the country. Its insurance partners include Medicare, Medicaid, Oscar Health, and Humana, among other payers.<strong>\u00a0<\/strong>For more information, visit\u00a0<a href=\"https:\/\/joinbetter.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">joinbetter.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today, we&#8217;re excited to announce a $10 million Series A funding round led by Caffeinated Capital and General Catalyst with participation from Bill Ackman\u2019s family office, Table Management, 8VC, Anorak [&hellip;]<\/p>\n","protected":false},"author":199800090,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[1363],"tags":[],"class_list":["post-1380","post","type-post","status-publish","format-standard","hentry","category-inside-better-health"],"acf":[],"yoast_head":"<!-- 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