Digital Health Company Pear Suite Hits 100-Customer Milestone
June 24 2024 - 10:00AM
Business Wire
Closes $1M+ in Funding from Strategic
Investors; Continues Rapid Growth Nationwide, Supporting Community
Health Workers to Increase Access to Health and Social Services
Pear Suite, a digital health company celebrating its three-year
anniversary working to empower community health workers (CHWs) and
better address the social determinants of health (SDOH), announced
it has hit 100 customers in 24 U.S. states. The company, boasting a
nearly perfect customer retention rate, also recently raised over
$1 million in funding from a combination of strategic investors.
Investors included Flare Capital Partners, Rock Health Capital,
AARP, and California Health Care Foundation. This follows a $2.5
million seed funding round last year with participation from Mucker
Capital, Impact Engine, American Heart
Association, and Atento Capital.
Pear Suite’s customizable care navigation platform enables CHWs,
promotores, health representatives, doulas and others to better
assess and address SDOH in a cost-effective, person-centered, and
culturally and linguistically sensitive way. To date, the company
has helped to address unmet health-related social needs and improve
health outcomes for more than 50,000 individuals. Pear Suite is on
pace to impact an additional 300,000 lives through partnerships
with health plans, providers, and community-based organizations, as
well as support the training of more than 150 CHWs in the next
year.
“Reaching 100 customers nationwide marks a pivotal moment in our
journey. It not only validates our mission but also accelerates us
toward our vision of revolutionizing healthcare by elevating the
community health worker workforce," said Pear Suite CEO and
Co-Founder Colby Takeda.
The latest funding is being used to fuel platform development,
enhance the organization’s implementation and customer success
team, and build up the Pear Suite provider network, which currently
includes over 250 community health workers.
“There is a growing body of evidence that CHW interventions have
a significant positive impact on health outcomes and costs, but
today the profession is highly fragmented and lacks
standardization. We’re pleased to announce our investment in Pear
Suite, which is addressing this opportunity through its SaaS
platform that empowers the rapidly growing CHW workforce to
standardize the data they collect, improve care navigation, and
access reimbursement from the increasing number of health plans
that cover their services,” said Bill Evans, Founder and General
Partner of Rock Health Capital.
Over the last year, Pear Suite has made significant strides in
expanding its partnership network, with a particular focus on
addressing the social determinants of health among Medicaid members
and those in rural and remote communities to bolster healthcare
accessibility. Pear Suite currently contracts with 15 health plans
with access to support over 10 million lives. Notable industry
alliances include partnering with Zero Overdose to combat the
overdose epidemic; collaborating with community-based organizations
to launch statewide training initiatives for CHWs supported by
Caring4Cal; joining forces with OutCare Health to enhance LGBTQ+
healthcare access; and supporting wildfire-affected families in
Maui through the Kokua Navigators Hotline alongside Pacific Gateway
Center and the Hawaii Coalition for Immigrant Rights. These
initiatives underscore Pear Suite's dedication to health equity,
workforce development, and community-based approaches to improving
healthcare for those most in need.
About Pear Suite
Pear Suite is a digital health company that empowers community
health workers with its social care navigation platform and
provider network. With the Pear Suite platform, health plans,
providers, and community-based organizations can boost client
engagement, improve health outcomes, and reduce the cost of care in
a person-centered, culturally, and linguistically sensitive way.
Since launching in 2021, Pear Suite has supported over 100
organizations, trained hundreds of CHWs, and impacted more than
50,000 lives.
For more information, please visit pearsuite.com or follow us on
LinkedIn and X.
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Media: Jordan Bouclin SVM PR Jordan.bouclin@svmpr.com
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