- Companies
- Solera Health
Solera Health Valuation, Funding & Investors
Solera Health is valued at $76M as of July 2017.
Last Solera Health valuation
$76M
Series B · Jul 2017
Last Solera Health funding round
$40M
Series E · Jan 2025
Cumulative funding Solera Health raised
$112M
across 6 funding rounds
Key investors in Solera Health
The Blue Venture Fund
SJF Ventures
Sandbox Industries
Adams Street Partners
Cobalt Ventures
Health Care Service Corporation
About Solera Health
Solera Health is a benefits management platform connecting payers and employers to digital health programs for preventive care. Matching members to interventions for diabetes prevention, hypertension control, weight loss, mental health, and tobacco cessation, the system uses algorithms for personalized recommendations. Integrating with telehealth and coaching, Solera emphasizes musculoskeletal and women's health modules. Based in Phoenix, Arizona, the company partners with providers for outcomes-based contracting.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$76M (Jul 2017)
Solera Health Valuation
Solera Health is currently valued at $76M, based on its Series B in July 2017.
The $18M round was led by Adams Street Partners, with participation from SJF Ventures, The Blue Venture Fund and Sandbox Industries.
Solera Health valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jul 2017 | Series B | $76M |
Solera Health Funding History
Solera Health has raised a total of $112M across 6 funding rounds.
Solera Health's first fundraising round was a $3M Series A in November 2015. The most recent completed round was a $40M Series E in January 2025.
Solera Health funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2025 | Series E | Health Care Service Corporation (lead); Adams Street Partners; Horizon Mutual Holdings; Cobalt Ventures | $40M | - | - |
| May 2019 | Series C | HCSC Ventures (lead); Adams Street Partners; SJF Ventures; The Blue Venture Fund | $42M | - | Solera Health is a value-based digital health platform founded in Arizona that connects members and employees to curated health solutions for chronic disease prevention and management. The company operates across health care, SaaS, and wellness industries, offering personalized prevention programs and digital health management solutions tailored to conditions including digestive health, hypertension, mental health, diabetes management, weight management, and tobacco cessation. In May 2019, Solera Health raised $42 million in its Series C funding round led by HCSC Ventures, along with additional investors including Adams Street Partners, SJF Ventures, and The Blue Venture Fund. The funds were intended to enhance the platform's technology and expand into new markets. By 2025, the company had raised a total of $112.3 million across seven funding rounds and employed 156 people with estimated annual revenue of $24.7 million. |
| Jul 2017 | Series B | Adams Street Partners (lead); SJF Ventures; The Blue Venture Fund; Sandbox Industries | $18M | $76M | Solera Health is a technology-enabled personalized preventive health network that integrates chronic disease prevention services from physicians, community organizations, and digital therapeutics providers like Weight Watchers, Lark, Retrofit, and Noom into a single platform to boost patient engagement and health outcomes. The company positions itself as a preventive care benefits manager, enabling non-clinical providers to integrate into healthcare systems and addressing issues from prediabetes to mental wellbeing and social determinants of health. By July 2017, Solera had grown to over 70 employees and secured contracts covering over 40 million lives, demonstrating resonance with payers and employers in a crowded market of over 1,000 community and digital DPP providers. On July 12, 2017, Solera Health raised $18.3 million in its Series B funding round, led by Adams Street Partners, with participation from existing investors Blue Cross Blue Shield Venture Partners (also referred to as The Blue Venture Fund), Sandbox Industries, and SJF Ventures. This round brought the company's total funding to $30.3 million, following a prior Series A of approximately $5 million in early 2017 and earlier seed investments. The funds were earmarked to scale operations, meet demand for the Medicare DPP benefit, expand the network into additional prevention services, invest in platform technology for market growth including international scaling, and support customer acquisition. The post-money valuation for this round was $76.09 million, with a price per share of $2.00, as reported in investment data. Solera continued raising capital in subsequent years, including a Series C of $42 million in 2019, Series D in 2022, and Series E of $40 million in 2025, backed by investors like Health Care Service Corporation and Horizon Mutual Holdings, reflecting ongoing growth in its value-based digital health platform aimed at reducing care costs. |
| Jan 2017 | Series A | SJF Ventures; The Blue Venture Fund; Sandbox Industries | $5M | - | Solera Health raised approximately $5 million in a Series A extension round in January 2017 from investors including Sandbox Industries, SJF Ventures, and The Blue Venture Fund. This followed an initial Series A of $3 million in November 2015 led by Sandbox Industries and The Blue Venture Fund, bringing early total funding toward $12 million before the July 2017 Series B. The 2017 funding supported platform enhancements and initial customer acquisition for Solera Health's integrated chronic disease prevention services. Solera Health operates a value-based digital platform connecting patients, payers, and physicians to community organizations and digital therapeutics for chronic disease management, including Medicare DPP benefits. The platform consolidates fragmented prevention services to boost participation, cut costs, and match individuals to optimal providers based on needs. Later rounds included a $18.3 million Series B in July 2017 led by Adams Street Partners with participation from Blue Cross Blue Shield Venture Partners, Sandbox Industries, and SJF Ventures, scaling to $30.3 million total funding then. |
| Jun 2016 | Series A | Sandbox Industries (lead); SJF Ventures; The Blue Venture Fund | $4M | - | Solera Health raised $4 million in a Series A1 funding round on June 17, 2016, led by Sandbox Industries with participation from BlueCross BlueShield Venture Partners and SJF Ventures. This followed a $3 million Series A round in November 2015, bringing total capital raised to $7 million. The company operates a technology-enabled preventive health network that connects at-risk individuals, such as the 86 million U.S. adults at risk for type 2 diabetes, with over 850 CDC-recognized digital, national, or community-based Diabetes Prevention Programs (DPPs). Its platform integrates clinical and community systems to address social determinants of health, chronic disease prevention, and management as an adjunct to primary care. The funding supported scaling operations to meet growing demand from health plans for DPP as a covered benefit and expanding the platform's capabilities and market reach. Solera had secured contracts with large commercial health plans covering over 20 million lives, validating its business model for lowering costs and improving health outcomes through lifestyle changes and fragmented program consolidation. The company planned to extend its network to social services referrals, chronic disease management, hypertension in Q1 2017, and behavioral health conditions like stress and depression. |
| Nov 2015 | Series A | Sandbox Industries (lead); The Blue Venture Fund (lead) | $3M | - | Solera Health closed a $3 million Series A funding round in November 2015 led by Sandbox Industries and Blue Cross Blue Shield Venture Partners (then referred to as The Blue Venture Fund). The company is a technology-enabled platform for chronic disease prevention and management, specifically focusing on integrating diabetes prevention programs with health plans, providers, and community-based services. The platform consolidates fragmented prevention programs to help the approximately 86 million U.S. adults at risk for type 2 diabetes access evidence-based Diabetes Prevention Programs (DPPs). The capital was designated for developing and launching the initial version of their digital health platform. The company continued to raise additional capital, securing a $4 million Series A1 round in June 2016 and an $18.3 million Series B round in July 2017 led by Adams Street Partners, bringing total funding to $30.3 million by mid-2017. |
Who has invested in Solera Health?
8 investors have backed Solera Health across its funding rounds, including The Blue Venture Fund, SJF Ventures, Sandbox Industries, Adams Street Partners, Cobalt Ventures and Health Care Service Corporation.
Lead investors include Health Care Service Corporation, HCSC Ventures, Adams Street Partners, Sandbox Industries and The Blue Venture Fund.
Solera Health Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 5 | Lead | Nov 2015 | ||
| 4 | Participant | Jun 2016 | ||
| 4 | Lead | Nov 2015 | ||
| 3 | Lead | Jul 2017 | ||
| 1 | Lead | May 2019 | ||
| 1 | Participant | Jan 2025 | ||
This data is available for Pro users. Sign up to see all 8 Solera Health investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialSolera Health Competitors
Solera Health competitors include listed companies like Clover Health and Molina Healthcare, and private ones like Centivo, Mutuus, Clinikk and Belong Health.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $89M | - | ||
| Private | - | - | $122M | - | ||
| Private | - | - | $31M | - | ||
| Private | - | - | $345M | - | ||
| Publicly listed | $1.9B | ($84M) | $2.4B | 0.8x | ||
| Publicly listed | $45B | $976M | $11B | 0.1x |
Solera Health Public Comps
Solera Health is still privately-owned, but its public comps include AIX Inc., Qualicorp, LM Pay, eHealth, Dc Healthcare Holdings, Genesis Fertility Center, M.W. Trade, Ontrak, Personal Group Holdings and MetropolCard.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $83M | ($342M) | 0.8x | - | (0.2x) | - | |||
| $277M | $124M | 0.9x | 0.9x | 2.0x | 2.6x | |||
| $3M | $2M | 8.1x | 2.5x | 11.4x | 7.1x | |||
| $554M | $83M | 0.8x | 1.0x | 5.6x | 6.3x | |||
| $21M | $4M | 1.3x | - | 7.0x | - | |||
| $11M | $3M | 1.2x | - | 5.2x | - | |||
| $864K | ($2M) | 0.9x | - | (0.5x) | - | |||
| $11M | ($23M) | 0.5x | - | (0.2x) | - | |||
This data is available for Pro users. Sign up to see all Solera Health competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Solera Health
| When was Solera Health founded? | Solera Health was founded in 2015. |
| Where is Solera Health headquartered? | Solera Health is headquartered in Phoenix, AZ, United States. |
| Is Solera Health publicly listed? | No, Solera Health is a private, VC-backed company. |
| What is Solera Health's valuation? | Solera Health was last valued at $76M in its Series B in July 2017. |
| How much funding has Solera Health raised? | Solera Health has raised $112M across 6 funding rounds. |
| What was Solera Health's last funding round? | Solera Health's last funding round was a $40M Series E in January 2025, led by Health Care Service Corporation. |
| Who are Solera Health's investors? | Solera Health's investors include The Blue Venture Fund, SJF Ventures, Sandbox Industries, Adams Street Partners, HCSC Ventures, Horizon Mutual Holdings, Health Care Service Corporation and Cobalt Ventures. |
| Which companies are comparable to Solera Health? | Companies comparable to Solera Health include Centivo, Mutuus, Clinikk, Belong Health, Clover Health and Molina Healthcare. |
See companies similar to Solera Health
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




