About Summer Health
Summer Health is a company based in New York (United States) founded in 2022 by Matthew Woo.. Summer Health has raised $19.15 million across 2 funding rounds from investors including Bayer, Springbank and Sequoia Capital. Summer Health offers products and services including Text-based Consultations and Specialist Access. Summer Health operates in a competitive market with competitors including Little Otter, Pacify, Blueberry Pediatrics, Mahmee and First Opinion, among others.
- Headquarter New York, United States
- Founders Matthew Woo
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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- Legal Name Summer Health, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.15 M (USD)
in 2 rounds
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Latest Funding Round
$11.65 M (USD), Series A
Apr 23, 2024
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Investors
Bayer
& 13 more
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Employee Count
Employee Count
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Products & Services of Summer Health
Summer Health offers a comprehensive portfolio of products and services, including Text-based Consultations and Specialist Access. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides 24/7 pediatric advice and prescriptions via text.
Connects users to experts for nutrition and development support.
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Funding Insights of Summer Health
Summer Health has successfully raised a total of $19.15M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $11.65 million completed in April 2024. 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 Total Funding
- Total Rounds 2
- Last Round Series A — $11.7M
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First Round
First Round
(25 Jul 2022)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series A - Summer Health | Valuation | 7wire Ventures , Lux Capital | |
| Jul, 2022 | Amount | Seed - Summer Health | Valuation | Sequoia Capital , Lux Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Summer Health
Summer Health has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bayer, Springbank and Sequoia Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Seed and early-stage technology companies are funded by Lux Capital.
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Founded Year | Domain | Location | |
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Investing in early-stage tech companies and ideas.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Summer Health
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Summer Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Summer Health Comparisons
Competitors of Summer Health
Summer Health operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Little Otter, Pacify, Blueberry Pediatrics, Mahmee and First Opinion, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Children's health consultations are facilitated through an online telehealth platform.
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| domain | founded_year | HQ Location |
Telemedicine platform for pediatrics
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| domain | founded_year | HQ Location |
Online platform for pediactric care
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| domain | founded_year | HQ Location |
Personalized maternity care is delivered via an online consultation platform.
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| domain | founded_year | HQ Location |
A mobile application providing expert answers to pregnancy-related queries.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Summer Health
Frequently Asked Questions about Summer Health
When was Summer Health founded?
Summer Health was founded in 2022.
Where is Summer Health located?
Summer Health is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Summer Health a funded company?
Summer Health is a funded company, having raised a total of $19.15M across 2 funding rounds to date. The company's 1st funding round was a Seed of $7.5M, raised on Jul 25, 2022.
What does Summer Health do?
Summer Health was founded in 2022 and is headquartered in New York, United States. The company operates in the digital health sector, offering an online platform for pediatric consultations. Access to licensed pediatricians is facilitated through chat interfaces and initial questionnaires. Prescribed medications are delivered directly to users homes, supporting remote healthcare services for families.
Who are the top competitors of Summer Health?
Summer Health's top competitors include Blueberry Pediatrics, Little Otter and Backpack Healthcare.
What products or services does Summer Health offer?
Summer Health offers Text-based Consultations and Specialist Access.
Who are Summer Health's investors?
Summer Health has 14 investors. Key investors include Bayer, Springbank, Sequoia Capital, Lux Capital, and BoxGroup.