Solera Health

Solera Health

DPP-based diabetes prevention and mental health

Overview

Solera Health runs programs to prevent type 2 diabetes and improve mental health through lifestyle changes and therapy for at-risk populations on Medicare, Medicaid, and Commercial plans. It implements the Diabetes Prevention Program (DPP) with in-person and online formats to help with weight loss through diet, activity, and behavior change. It also provides mental health services using mindfulness and cognitive behavioral therapy, plus a program to strengthen seniors’ balance to reduce falls, all via digital and coached tools. The company tracks success by participant engagement and real health outcomes and pursues value-based reimbursement across payers, differentiating itself by offering an integrated platform that combines diabetes prevention, mental health support, and senior safety.

About Solera Health

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

Industries

Data & Analytics

Consumer Software

Healthcare

Company Size

51-200

Company Stage

Series E

Total Funding

$112.3M

Headquarters

Phoenix, Arizona

Founded

2015

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Simplify's Take

What believers are saying

  • $40M Series E funding in January 2025 fuels HALO Cloud expansion.
  • Kindbody partnership integrates fertility care into HALO since May 2024.
  • Optum executives Matthew Shilts and Kris Heinzen strengthen tech leadership.

What critics are saying

  • UnitedHealth Group's Optum integration captures payer contracts within 12-24 months.
  • CMS cuts Medicare Advantage payments force payer budget reductions in 12-24 months.
  • Outcomes plateau ends revenue as engagement drops in 18-36 months.

What makes Solera Health unique

  • HALO platform matches users to personalized programs via proprietary algorithms.
  • 11,000-provider network covers 40 million lives across 50 states.
  • Outcomes-based billing aligns revenue with measurable health improvements.

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Funding

Total Funding

$112.3M

Below

Industry Average

Funded Over

6 Rounds

Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.
Series E Funding Comparison
Below Average

Industry standards

$100M
$245M
Stripe
$250M
Reddit
$1.3B
Epic Games
$1.5B
Airbnb

Benefits

Remote Work Options

Unlimited Paid Time Off

Parental Leave

Adoption Assistance

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

0%
HIT Consultant
Feb 14th, 2025
Solera Health Strengthens Leadership Team With Key Executive Appointments

Solera Health Strengthens Leadership Team with Key Executive Appointments. by Healthcare Executive Hires 02/14/2025 Leave a Comment. What You Should Know: – Solera Health, a technology platform connecting individuals with personalized health solutions, today announced the expansion of its senior leadership team with four key appointments. – The strategic move strengthens the company’s commitment to innovation and growth as it continues to expand its reach and impact in the healthcare industry.Executive AppointmentsThe new additions to the leadership team include:Matthew Shilts, Chief Technology Officer: Shilts brings over a decade of experience leading advanced technology initiatives at Optum, where he played a key role in the company’s significant growth and expansion.Michael J. Levin, General Counsel and Chief Information Security Officer: Levin joins Solera from 3M, where he led global cyber defense operations. He also has extensive experience in healthcare cybersecurity from his previous roles at UnitedHealth Group and the U.S. Department of Health and Human Services.Kris Heinzen, Chief Product Officer: Heinzen brings over 25 years of leadership experience in healthcare and fintech, including a successful track record at Optum and UnitedHealth Group.Lenny Skelton, Chief Sales Officer: Skelton joins Solera from Quantum, where he spent over 17 years leading sales efforts and driving significant growth for the company

MedCity News
Jan 14th, 2025
Solera Health Raises $40M Series E Round Co-Led by Health Care Service Corporation

Solera Health, a healthcare technology company, has raised $40 million in Series E financing to expand access to digital health support, the company announced on Tuesday.

Benzinga
Jan 14th, 2025
Solera Health Secures $40M for Expansion

Solera Health announced $40 million in new funding co-led by Health Care Service Corporation, Adams Street, Cobalt Ventures, and Horizon Mutual Holdings. The funding will expand Solera's HALO platform, including the HALO Cloud, to enhance digital health access and integration. John Santelli, former UHG CIO, becomes CEO. The investment supports Solera's mission to improve healthcare access and reduce costs. Recent achievements include product expansions and a strategic partnership with Aon.

World Wellness Times
Oct 8th, 2024
Solera Health Unveils New Brand Identity Reflecting the Company's Leadership at the Intersection of Healthcare and Technology

PHOENIX, Oct. 08, 2024 (GLOBE NEWSWIRE) - Solera Health, a unique technology platform for connecting people seamlessly and easily to digital health solutions that work, today unveiled a new brand platform and visual identity, reflecting its mission to guide people through the digital health ecosystem to high-quality solutions at lower costs.

The Guardian
Sep 20th, 2024
U.S. Women's Health Market Size, Share & Trends Analysis Report 2024-2030: Hormonal Infertility, Contraceptives, Postmenopausal Osteoporosis, Endometriosis & Uterine Fibroids, Menopause, PCOS

For instance, in October 2022, Solera Health announced the launch of first-of-its-kind digital point solutions for women's Health networks to address women's health issues needs.

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