New York City-based startup Jasper Health announced Tuesday that it has raised $25 million to continue improving its cancer care navigation platform, grow its sales and operations teams and invest in research.
The Series A round was led by General Catalyst, Human Capital, W Health Ventures, Redesign Health and 7wireVentures also contributed. The latest fundraiser brings Jasper’s total funding to about $31 million, the company said in a statement. Press Releases.
According to the company, nearly 12,000 cancer patients and their caregivers have used Jasper since the service launched last year. Jasper says its partnership Partner with Employer Direct Healthcare Announced in September, which will provide a digital platform for EDH’s customer base of more than 2 million.
The platform is designed to simplify and simplify cancer care and ensure patients and caregivers are supported throughout the journey Contact a cancer care coach. Its app also offers tools to help manage appointments and report symptoms, side effects, and mood.
“Jasper Health’s mission is to improve the lives of those affected by cancer through meaningful and personalized guidance, reduce the emotional burden of cancer, and drive better health outcomes and quality of life,” said Adam Pellegrini, co-founder and CEO of Jasper Health, in an email.
The company’s survey of patients using its app found 70% reported reduced stress and anxiety; nearly 80% reported improved medication adherence; and almost all said they found it easier to keep track of appointments.
Many health care organizations, including cancer treatment centers, offer a full range of services designed to help patients and families navigate and manage difficulties after diagnosis. Organizations like OncoHealth and Carevive work to make the complexities of cancer care easier to manage for patients and providers. But Jasper and its funders see its model and planned expansion as bringing it into its own comprehensive category.
“Jasper is the only end-to-end oncology solution available to consumers and large enterprises, uniquely positioning the company to improve individual and population-wide health outcomes and reduce costs associated with cancer care,” Executive Director Jennifer Schneider said – in a statement, the residence of General Catalyst, who will join Jasper’s board. “Facing a cancer diagnosis is one of the scariest and most overwhelming things a person can experience, but having a proven digital health partner like Jasper is not only life-changing, it provides hope when it’s needed most.”
As the company focuses on value-based care, the funds raised could also help reduce cancer treatment costs for patients and health organizations, Pellegrini said.
“This funding will allow us to delve deeper into value-based models as we believe we can achieve the dream of consistent incentives and lower total cost of care while delivering empathy at scale,” he said.
Photo: FG Trade, Getty Images
