Overview
- The Series C was led by Stripes with participation from Andreessen Horowitz, Atomico, BoxGroup, PLUS Capital and SV Angel.
- Pomelo says it now supports nearly 7% of U.S. births through partnerships with major insurers such as UnitedHealthcare and Elevance and employer plans including Koch Inc.
- The new funding will extend its 24/7, data-driven virtual care model into broader women’s and children’s health across life stages, including a recently launched midlife program.
- Company-reported results presented at national conferences include a 37% drop in preterm births, 46% lower ER use, a 6.8-day shorter NICU stay, and a 15% reduction in Medicaid total cost of care.
- Services are covered by insurance and free to patients under payer contracts using per-member-per-month fees, while revenue figures are not disclosed.