Assure Health secures $8.7M seed round to expand virtual healthcare platform

By Riley Kaminer

The way we interact with doctors is fundamentally flawed. Yearly check-ins with doctors provide a snapshot of our health at a particular moment in time. But what happens between appointments can also have a major impact on our overall health.

Fort Lauderdale startup Assure Health is developing technology to keep patients healthy at home through personalized, daily care from healthcare professionals. The company’s ultimate goal? Improve health outcomes and lower overall healthcare cost. That’s especially important today, in a context where healthcare costs continue to skyrocket.

CEO and co-founder Jeffrey Nadel explained to Refresh Miami that healthcare is “fragmented and episodic,” with the “average person spending 12 minutes with their doctor every four years.” Nadel and co-founder/COO Craig Bolz believed that “if we could find a way to push closer to this idea of everyday care, then it would be a good thing.” And so, in 2020, Assure Health was born.

Today, the company announced that it has raised an $8.7 million seed round to expand their virtual care and remote monitoring programs.

“At Assure Health, we are committed to providing personalized, relationship-based, everyday care to patients who need it most, like people managing chronic conditions,” commented Nadel.

“We know that the extra support our programs provide keeps people healthy and improves their independence and quality of life at home,” he continued. “We are thrilled to secure this seed funding from partners who share in this commitment and who are well-situated to help us thrive in our next phase of growth, and we are looking forward to expanding access to our vision of everyday care to patients across the country.”

Assure Health raised a $2 million round in 2021. South Florida natives Nadel and Bolz previously founded alcohol delivery startup Klink, which was acquired by Delivery.com in 2017. They used those funds, in part, to get Assure Health off the ground.

With this injection of capital, Assure Health plans to grow to 100 employees by the end of the year – up from 12 people when we caught up with them last year.

After meeting with Assure Health’s medical professionals via an initial telehealth visit, the startup sends the patient the connected health devices they require. When the patient takes their readings, care managers are automatically sent the measurements – which are checked on a daily basis.

These care managers build relationships over time with the patients and their primary care physicians, ultimately improving the patient’s overall health. Assure Health asserts that they have the data to back up these claims, having demonstrably improved patient outcomes and lower healthcare costs through the use of the startup’s digital platform.

Already Assure Health’s platform is used by millions of patients through partnerships with provider groups, health systems, health plans, and other healthcare organizations. The company signaled that these funds will enable them to pursue further strategic collaborations.

“Healthcare is increasingly being delivered to patients outside of traditional brick and mortar settings, but virtual care comes with concerns about fragmentation and siloing,” said Bolz. “Our solutions uniquely close gaps that can emerge between office visits and make it easy for doctors to stay connected to their patients and for patients to stay connected to their doctors.”

*Assure Health co-founders Jeffrey Nadel and Craig Bolz*

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Riley Kaminer

I am a Miami-based technology researcher and writer with a passion for sharing stories about the South Florida tech ecosystem. I particularly enjoy learning about GovTech startups, cutting-edge applications of artificial intelligence, and innovators that leverage technology to transform society for the better. Always open for pitches via Twitter @rileywk or www.RileyKaminer.com.