ConsejoSano Raises $4.9 million to Help Spanish Speakers Efficiently Navigate the U.S. Health System

Tuesday, February 21, 2017 General News
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Largest funding to date for a digital heath company targeting the Hispanic community in the U.S.

SAN FRANCISCO, Feb. 21, 2017 /PRNewswire/ -- ConsejoSano - the leading digital health company helping Spanish speakers

navigate America's healthcare system- has raised $4.9 Million in a Series A round led by 7wire Ventures, with participation from Tufts Health Ventures, the investment and acquisition arm of Tufts Health Plan, TOTAL Impact Capital, Wanxiang Healthcare Investments, Acumen, Oxeon Partners and Impact Engine. The Series A capital infusion brings the total funding for the company to $7.2 million.

The new funding will help ConsejoSano develop its capability to collect data analytics to improve preventive care for Spanish speakers. ConsejoSano (which means "healthy advice") provides an integrated service including HIPPA compliant multi-channel messaging, care navigation, data analytics, and 24/7 access to native-Spanish speaking medical navigators.

"The extraordinary interest we have received from clients seeking to better serve their Spanish speaking employees, insured customers, and patients has clearly demonstrated the need for ConsejoSano's unique services," said Abner Mason, ConsejoSano Founder and CEO.

The majority of ConsejoSano's clients are health plans, employers and at-risk providers seeking to increase engagement from their Spanish-speaking customers, employees and patients.

ConsejoSano has been selected as a preferred vendor by Mercer, the global benefits consulting leader. The company was advised throughout its start-up, seed and Series A capital phases by TOTAL Impact Capital. ConsejoSano has also launched its Industry Advisory Council, composed of healthcare leaders committed to reducing healthcare disparities.

Council members include:

Dr. Molly Coye, MD, Chairperson - Board member at Aetna/Executive in Residence with AVIADr. Albert Arteaga, MD, Founder and CEO at LaSalle Medical Associates Dr. Joseph Betancourt, MD, Director of the Disparities Solution Center Dr. David Kaplan, MD, Global Leader for Clinical Solutions at MercerMargaret Laws, President and CEO of HopeLab,Larry Leisure, Co-Managing Director at Chicago Pacific Founders and Chairman at ADVI Juan Lopera, Vice President for Business Diversity at Tufts Health PlanDr. Elena Rios, MD, President/ CEO for the National Hispanic Medical AssociationAntonio Tijerino, Presiden/CEO for the Hispanic Heritage FoundationBruce Hebets, CEO Borrego Community Health Foundation

About ConsejoSano

ConsejoSano is the leading Hispanic health platform in the US, helping both payers and providers to improve care, increase engagement, and lower costs related to care for Spanish-speakers.www.consejosano.com.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/consejosano-raises-49-million-to-help-spanish-speakers-efficiently-navigate-the-us-health-system-300410541.html

SOURCE ConsejoSano



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