B

Better Health

Home-care digital health with support services

Overview

Better Health offers a membership-based digital health platform for home care, including peer support, medical supplies delivery, and educational content for patients with chronic conditions. Members get trusted product recommendations, free delivery of medical supplies, peer coaching, and access to health resources, while providers can refer online and Better Health handles end-to-end insurance processing for out-of-network care. It differentiates itself by combining home delivery, peer support, education, and simplified insurance handling within one platform and through a network of healthcare partnerships to lower care utilization. The goal is to improve at-home health outcomes and reduce overall healthcare costs for patients and providers.

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About Better Health

Simplify's Rating
Why Better Health is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Consumer SoftwareSocial ImpactHealthcare

Company Size

201-500

Company Stage

Series A

Total Funding

$27.6M

Headquarters

San Francisco, California

Founded

2017

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Simplify's Take

What believers are saying

  • Better Health expanded into diabetes supplies, widening addressable chronic-care volume.
  • June 2024 strategic funding brought total capital to $27.5 million.
  • Cigna MA network access opened Better Health to 540,000 Medicare Advantage members.

What critics are saying

  • Revenue depends on payer contracts; Cigna Medicare Advantage concentration risks sudden churn.
  • Margins face entrenched rivals like Byram, Better Living Now, and Honest Medical.
  • A reimbursement policy shift could crush the model and force shutdown within months.

What makes Better Health unique

  • Bundles medical supplies, peer coaching, insurance handling, and home delivery in one workflow.
  • Operates in 48 states and serves chronic conditions: ostomy, wound care, diabetes.
  • Turns peer support into product adoption, adherence, and payer-facing cost reduction.

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Funding

Total Funding

$27.6M

Below

Industry Average

Funded Over

4 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Meet Average

Industry standards

$15M
$8.2M
$14M
$15M
$30M

Benefits

  • Flexible Work Hours

Growth & Insights and Company News

6 month growth

0%

1 year growth

-1%

2 year growth

0%
Business Wire
Sep 15th, 2026
Better Health Raises $10 Million Series A from Caffeinated Capital and General Catalyst to Scale its Bundled Medical Supply and Care Delivery Model

Better Health, the medical supply industry innovator, announces $10M Series A funding led by Caffeinated Capital & General Catalyst

PR Newswire
Jun 13th, 2024
Better Health Secures $14 Million in Strategic Funding Supported by Healthworx, University of Miami Health System, and Mosaic General Partnership To Bring Its Medical Supply and Support Solution To More Patients, Payers, and Providers

This financing builds on Better Health's previous $10 Million Series A round and includes participation from new investor Samsung Next, which continues to expand its investment in healthcare solutions.

Pulse 2.0
Jun 13th, 2024
Better Health: Support And Supplies Platform Company Raises $14 Million

Better Health, a medical supply and support provider built on peer-to-peer connection, announced today a $14 million strategic funding round which included investments from Healthworx, the innovation and investment arm of CareFirst Inc., UHealth - University of Miami Health System, and Mosaic General Partnership.

Vator
Jun 13th, 2024
Helping patients manage chronic conditions, Better Health raises $14M

Better Health previously completed a $10 million Series A round co-led by Caffeinated Capital and General Catalyst, and a $3.5 million seed round led by 8VC; with the addition of this $14 million in financing, the company's total funding has reached $27.5 million.

PR Newswire
Jun 13th, 2024
Better Health Secures $14 Million in Strategic Funding Supported by Healthworx, University of Miami Health System, and Mosaic General Partnership To Bring Its Medical Supply and Support Solution To More Patients, Payers, and Providers

/PRNewswire/ -- Better Health, a medical supply and support provider built on peer-to-peer connection, announces $14 million in strategic funding, which...

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