PORTLAND, Ore., Oct. 7, 2021
/PRNewswire/ -- Brave Care, the first pediatric healthcare and
technology platform dedicated to improving primary and urgent care
for children, today announced it has raised $25M. The round was led by Mednax, Inc. NYSE: MD,
whose Chief Development Officer, Dr. Jim
Swift, also has been added to Brave Care's Board of
Directors.
We created Brave Care from the experience that every parent needs a
trusted partner in their child's medical team
Brave Care, a Y Combinator graduate, has been committed to
pediatric clinical care advancement since 2018, utilizing their
modern technology and powerful data platform to create timely care
for both pediatric patients and parents. Over 21 million single
parents a year face the worry of a sick child with little to no
pediatric medical care options outside of the emergency room, often
10 times the cost of visiting a Brave Care clinic. Brave Care
clinics are open 12 hours a day, with remote care available 24/7
through their nurse line and Brave Care Parent Mobile App, helping
busy parents find relief for their children around the clock. With
37% of U.S. children ages 17 and under suffering from at least one
health condition, and one in four kids seen at an urgent care in
2019, Brave Care has built the best pediatric care platform for
both urgent care and regular visits, improving a child's health
without harming their family's financial health.
"With this exciting investment, Brave Care is now even better
positioned to open more pediatric facilities around the country,
elevating care experiences and dramatically increasing the chance
that every kid reaches their full potential," said Darius Monsef, CEO of Brave Care. "We created
Brave Care from the experience that every parent needs a trusted
partner in their child's medical team, and that every child
deserves access to excellent care regardless of their family's
financial position. Sharing this intention in partnership with
Mednax, we foresee this as a clear opportunity to open over 100 new
clinics in the next few years."
"We're excited to move forward with our partnership with Brave
Care," said Mark S. Ordan, Chief
Executive Officer of Mednax. "I was thrilled when I visited Brave
Care clinics this past summer. We believe that Brave's team,
proprietary technology and comprehensive suite of services and
operating systems will help enable us to provide an amazing
continuum of patient-first care and a one-of-a-kind patient and
family experience. This is another major step to solidify our focus
as the leader in women's and children's specialty services."
Brave Care and Pediatrix remain committed to delivering
exceptional pediatric care with groundbreaking technology driven by
data, science and research. Being both a children's healthcare
company with pediatric experts delivering exceptional care, as well
as a technology company run by empathetic people who love kids,
this important announcement will better the lives of pediatric
patients and their parents.
About Brave Care
Brave Care is the modern pediatric primary and urgent care medical
platform dedicated to improving healthcare for kids. Founded in
2019, Brave Care boasts an NPS score of 92, over 400 five-star
reviews on Google while delivering high quality care to more than
17,000 patients, and earning "Inc.'s Best Places to Work" award two
years in a row. Rooted in groundbreaking technology, thoughtfully
designed clinics, and its emphasis on empowering kids, Brave Care's
mission is to provide impactful pediatric care that's fueled by
empathy, research and trust. It currently operates three
brick-and-mortar clinics in Portland,
OR and Fayetteville, NC,
with more clinics opening soon in Austin,
TX and Portland, OR, with
24/7 medical advice via their Nurse Line and Brave Care Parent
Mobile App. Brave Care is led by founders Dr. Corey Fish, Darius
Monsef, Maryam Taheri and
Asa Miller. It has backing of
$43M from mission-aligned investors
including Mednax, Y Combinator, City Light Capital, Gaingels, AV8,
Interplay, Founder's Co-op, Refactor, Collaborative Fund,
Indicator, Fifty Years and Greycroft. For more information, visit:
www.bravecare.com.
About Mednax
Mednax, Inc. is a national medical group of the nation's leading
providers in physician services. Physicians and advanced
practitioners practicing as part of Mednax's Pediatrix and
Obstetrix Medical Groups are reshaping the delivery of care within
their specialties and subspecialties, using evidence-based tools,
continuous quality initiatives, clinical research and telehealth
programs to enhance patient outcomes and provide high-quality,
cost-effective care. The Company was founded in 1979, and today,
through its affiliated professional entities, Mednax provides
services through a network of more than 2,300 physicians in 39
states and Puerto Rico. Additional
information is available at www.mednax.com.
If you would like more information, please reach out to
Lindsay Stevens at (213) 200-9638 or
press@bravecare.com
Contact: Lindsay Stevens
Phone: (213) 200-9638
Email: press@bravecare.com
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SOURCE Brave Care