About Somatus
Somatus is a Healthcare company based in Dunn Loring (United States) founded in 2015 by Anthony Welters and Ikenna Okezie. Software-enabled concierge services are utilized to manage chronic kidney disease. Somatus has raised $465.12 million across 5 funding rounds from investors including Fidelity Investments, Elevance Health and Inova. The company has 873 employees. Somatus has completed 1 acquisition, including Lumiata. Somatus was last valued at $653.85 million in November 2023. Its chief executive, as recorded, is Ikenna Okezie. Its website somatus.com draws about 19 thousand monthly visits. Somatus offers products and services including Patient Portal and Our Centers. Its focus areas include HealthTech, Healthcare IT, Value Based Care and Care Coordination. Its competitors include Strive Health and Accuryn; 2 of its 2 listed competitors have raised funding.
Company details
Software enabled concierge services company to help manage chronic kidney disease. It helps eligible patients access home-based dialysis modalities which improve their outcomes and maximize the number of patients who qualify for and receive kidney transplantation. Their software can be used by physicians to delay disease progression and manage overall quality of CKD and ESRD patients.
- Headquarters Dunn Loring, United States
- Employees 873
- Founders Anthony Welters, Ikenna Okezie
- Stage Unicorn
- SectorsHealthcare
- Email••••••••
- Website somatus.com
- Social LinkedIn
- Total Equity Funding$465.12M (USD)
in 5 rounds
- Latest Funding Round$325M (USD), Series E
Feb 2022
- InvestorsFidelity Investments
& 15 more
- Employee Count873
- Investments & Acquisitions
Products & Services of Somatus
Somatus offers a comprehensive portfolio of products and services, including Patient Portal and Our Centers.
Online platform for patients to access and manage health resources.
Physical locations offering hands-on health assistance and support.
Funding Insights of Somatus
Somatus has successfully raised a total of $465.12M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $325 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $465.12M
- Total Rounds 5
- Last Round Series E — $325M
- First Round $5M
(Apr 2017)
- Investors Count 16
All 5 funding rounds of Somatus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | $325M | Series E | – | Wellington | |
| Jun 2021 | $60.12M | Series C | – | – | – |
| May 2020 | $64M | Series C | – | Optum Ventures, Longitude Capital | |
| Mar 2018 | $11M | Series B | – | Flare Capital Partners | |
| Apr 2017 | $5M | Series A | – | – | – |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of Somatus
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $653.85M (Nov 2023). 16 investors in total: 16 institutional.
Investors in Somatus
Somatus has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Fidelity Investments, Elevance Health and Inova.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech and offline focused VC firm funding companies in the US | optumventures.com | Boston, United States | ||
Private equity firm focused on life science sector | longitudecapital.com | Menlo Park, United States | ||
Healthcare ecosystem is supported through investment and innovation by Deerfield. | deerfield.com | New York, United States | ||
Early-stage tech startups are funded by this venture capital firm. | flarecapital.com | Boston, United States | ||
Funding is provided to healthcare startups by corporate-backed BVF. | blueventurefund.com | Chicago, United States | ||
Healthcare challenges are addressed through strategic investments by Town Hall Ventures. | 2018 | townhallventures.com | New York, United States | |
Sovereign wealth is managed and private equity investments are facilitated. | gic.com.sg | Singapore, Singapore | ||
Investments are focused on tech and life sciences startups. | healthquestcapital.com | Belmont, United States | ||
Early & Expansion stage tech-focused VC firm investing in geographies such as the US | leawoodvc.com | Leawood, United States | ||
| bcbsvp.com |
Investor details for Somatus
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People of Somatus
132 people are tracked at Somatus (39 in leadership, 6 in board & advisors, 87 in team); the tracked headcount is 873.
| Name | Role | Group |
|---|---|---|
Anthony Welters | Co-Founder | Leadership |
Ikenna Okezie | Co-Founder & CEO | Leadership |
Michael Tascione | Senior Director Of Operations | Leadership |
David Sobol | Senior Vice President, Operations & Value Based Care | Leadership |
Robbin Bokhari | Director Of Population Health - DMV Region | Leadership |
Fasn Ehsan Nobakht M.D. | Medical Director | Leadership |
Alicia Palmer | Chief Legal Officer | Leadership |
Pamela Kent | Director Clinical Operations Population Health Oh, IN And MI | Leadership |
Alesia Lee Ms | Vp, Clinical Affairs | Leadership |
Gayatri Patel | Director, Account Management | Leadership |
Treavce Whitmore | Sr Director Of Dialysis Operations | Leadership |
Rob Ricketts | Chief Financial Officer | Leadership |
Ravikiran Paidipally | Senior Director Of Software Engineering | Leadership |
Meredith Miller | Vp, Human Resources | Leadership |
Tim Suess | Director Of Revenue & Technical Accounting | Leadership |
Swp Dana Turturro -Scp Cpa | VP Of HR | Leadership |
Jacqueline Rowlett | Associate Vice President | Leadership |
Mnm Emily Rester | Vice President Of Business Development And Provider Engagement | Leadership |
Ben Grasel | Senior Director & Actuary, Provider Finance | Leadership |
Neal Pason | Vice President Information Technology | Leadership |
112 more people are available in the full profile.
Complete people profiles for Somatus
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Investments & Acquisitions by Somatus
Somatus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lumiata.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
AI platform for patient care optimization in healthcare is provided. | lumiata.com | San Mateo, United States | 2013 | May 2022 | •••• |
Complete acquisition details for Somatus
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Timeline of Somatus
5 dated milestones of Somatus across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Somatus is founded.
- Funding First funding round of $5.0M.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series E, of $325.0M.
- Acquisition Acquires Lumiata.
Competitors of Somatus
Somatus has 2 listed competitors in our database, 2 of them funded. They include Strive Health and Accuryn.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| strivehealth.com | 2008 | Denver, United States | $606M | 668 | Value-based kidney care solutions are delivered for chronic disease patients. | |
| accuryn.com | 2011 | Hayward, United States | $2.28M | 74 | Develops innovative diagnostic tools for monitoring acute kidney injury. |
Detailed competitors of Somatus
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Web traffic of Somatus
The website of Somatus (somatus.com) receives about 19K visits a month.
- Monthly visits19K
▼ 4.6% vs previous month
Websites whose visitors overlap most with Somatus. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details |
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Somatus (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Somatus
Complete news archive for Somatus
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Frequently Asked Questions about Somatus
Somatus was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Somatus is headquartered in Dunn Loring, United States. It is registered at Dunn Loring, Virginia, United States.
Ikenna Okezie is the CEO of Somatus, as recorded in our data. They have also founded this company.
Somatus is a funded company, having raised a total of $465.12M across 5 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Apr 2017.
Somatus has 873 employees.
Software enabled concierge services company to help manage chronic kidney disease. It helps eligible patients access home-based dialysis modalities which improve their outcomes and maximize the number of patients who qualify for and receive kidney transplantation. Their software can be used by physicians to delay disease progression and manage overall quality of CKD and ESRD patients.
Somatus's top competitors include Strive Health and Accuryn.
Somatus offers Patient Portal and Our Centers.
Somatus has made 1 acquisition, including Lumiata.
Somatus has 16 investors. Key investors include Fidelity Investments, Elevance Health, Inova, RA Capital, and Optum Ventures.
The valuation of Somatus is $653.85M as of Nov 2023.