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Venture Capital News: Soda Health Lands $25M Series A Financing

2022-09-13
BENTONVILLE, AR, Soda Health announced today it has raised $25 million in a Series A round from an investor syndicate.
Soda Health, a healthcare technology company reshaping the supplemental benefits system, announced today it has raised $25 million in a Series A round from an investor syndicate comprising Lightspeed Venture Partners, Define Ventures, and Qiming Venture Partners USA. Soda Health's platform first streamlines how individuals are matched with supplemental benefits from their health insurance plan, and then provides a simplified, frictionless member experience to easily use these vital resources for access to better health.

Soda Health is a healthcare technology company focused on building solutions which eliminate health inequities and create a healthier America. We provide a technology platform to administer and reimburse benefits personalized to individual needs, delivered more cost-effectively. Our expertise in healthcare, retail and consumer experience provides us with the foundation for creating easy-to-use solutions with an experience which moves beyond transactional relationships to sustained engagement and overall health improvement. That is a win for everyone.
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