Solace, a digital health platform that connects consumers with health advocates, raised $60 million. The round was led by Menlo Ventures, with participation from existing investors Craft Ventures, Inspired Capital and Torch Capital, as well as new investor SignalFire. Solace plans to use the funding to scale its national network of health care advocates, and to accelerate development across the consumer and advocate experience.
The company was founded in 2022 to provide personalized health care navigation. It uses a proprietary electronic health record and data platform to eliminate friction across the consumer health care journey. The platform connects consumers with health care advocates covered by insurance; it is intended to anticipate consumer needs and guide decisions in real-time. JP Sanday, partner at Menlo Ventures, said “Solace’s compelling early data proves not just better patient outcomes, but fundamentally stronger financial and clinical outcomes for payers.”
The company’s network includes advocates across all 50 U.S. states. The service is covered by Medicare and major Medicare Advantage insurers, including Aetna, Blue Cross Blue Shield, Cigna, Humana, and UnitedHealthcare.
This was reported by Solace on April 3, 2025 (accessed April 6, 2025).
Contact information: Solace, 311 Fuller St., Redwood City, California 94063-1514; 240-693-3281; Email: press@solace.health; Website: https://www.solace.health/
August 2025 00US25EUA0023