How Much Did Socially Determined Raise?
Funding & Key Investors

Socially Determined has successfully secured a total capital infusion of $37.5M, marking a significant milestone in its trajectory within the healthcare analytics sector. The most recent strategic investment of $26M underscores the market's growing recognition of the critical role that social determinants of health (SDOH) play in clinical outcomes. By leveraging this latest financing, the company is well-positioned to scale its enterprise-level platform, which provides health systems and payers with the granular data necessary to address non-clinical factors that influence patient health trajectories.

The company's growth history reflects a steady progression from its initial Series A round in early 2020 to its more recent Series B expansion in mid-2022. This capital trajectory highlights a robust investor confidence in the firm's ability to translate complex socioeconomic data into actionable clinical insights, effectively bridging the gap between public health initiatives and traditional healthcare delivery models.

What is Socially Determined?

Socially Determined
SoftwareHealthcare SoftwareBusiness Intelligence (BI) Software

Socially Determined operates at the vanguard of healthcare technology, specializing in the quantification of social, economic, and environmental factors that dictate patient health. The company's core platform architecture integrates disparate data streams to generate comprehensive social risk profiles. By identifying vulnerabilities related to housing stability, food security, and transportation access, Socially Determined enables healthcare organizations to move beyond reactive care models toward proactive, targeted interventions. This data-driven approach is essential for modern health systems aiming to optimize population health management and reduce the total cost of care through systematic, evidence-based strategies.

How much funding has Socially Determined raised?

Socially Determined has raised a total of $37.5M across 3 funding rounds:

2020

Series A

$11.1M

Debt

$350K

2022

Series B

$26M

Series A (2020): $11.1M with participation from LRVHealth, ProMedica, Lafayette General Health, Ziegler Link-Age Funds, Healthworx, OSF HealthCare, and 3M

Debt (2020): $350K led by PPP

Series B (2022): $26M supported by LRVHealth, Questa Capital, and OSF HealthCare

Key Investors in Socially Determined

LRVHealth

LRVHealth is a venture capital firm focused on identifying and scaling disruptive digital health, medical device, and diagnostic companies.

Questa Capital

Questa Capital is a growth equity firm that invests in innovative healthcare companies aimed at enhancing patient experiences and reducing systemic costs.

OSF HealthCare

OSF HealthCare is a non-profit Catholic health care organization operating a comprehensive network of hospitals and medical facilities across Illinois and Michigan.

What's next for Socially Determined?

With the successful completion of its recent funding round, Socially Determined is poised to accelerate its product development roadmap and expand its footprint across the healthcare ecosystem. The strategic focus will likely center on deepening the integration of its analytics platform into existing clinical workflows, thereby ensuring that social risk data is not merely observed but actively utilized in patient care planning. As the industry shifts toward value-based care, the company's ability to provide predictive insights into social determinants will be a key differentiator. Future growth will likely involve scaling its data science capabilities to handle increasingly complex datasets, further solidifying its position as an essential partner for payers and providers navigating the complexities of modern population health management.

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Frequently Asked Questions Regarding Socially Determined Financial Insights

What are the most recent funding rounds that Socially Determined has completed, and what were the funding rounds?
Socially Determined has recently completed 3 funding rounds: Series B on Jun 28, 2022, Debt on Apr 10, 2020, Series A on Jan 22, 2020.
What is the total amount of funding Socially Determined has raised to date?
Socially Determined has raised a total of $37.5M in funding to date.
How many funding rounds has Socially Determined completed?
Socially Determined has completed 3 funding rounds.
How much funding did Socially Determined raise in its most recent funding round?
Socially Determined raised $26M in its most recent funding round.
Who are the lead investors in Socially Determined's latest funding round?
The lead investor in Socially Determined's latest funding round was LRVHealth. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Socially Determined's history?
The largest funding round in Socially Determined's history was $26M.
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