See the pitch deck that Spora Health used to convince investors to bet $3 million on a new approach to telehealth
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- Telehealth startup Spora Health was founded in 2019 to provide better care to Black Americans.
- It hopes to do this by training doctors to be culturally competent, CEO Dan Miller told Insider.
- See the presentation that Spora used to raise $3 million in a seed round.
The telehealth startup Spora Health just raised $3 million to provide better care to people of color.
The company, founded in 2019 by Dan Miller, wants to reduce racial healthcare disparities by providing care to Black patients and other people of color that takes into account the cultural needs of those groups. It has raised $4.1 million total from investors like M13, Refactor Capital, and MaC Venture Capital.
“I saw a need for people of color to have access to more culturally aligned care,” Miller told Insider. “I learned from my own lived experience how powerful having a doctor that understands you can help you achieve your health goals.”
The company plans to put the new funding toward expanding into new states and bringing more healthcare providers into its practice. It has plans to care for patients in California, Texas, and New York.
Spora, which derives its name from “diaspora,” is changing care for people of color in two major ways.
First, all of Spora’s healthcare providers are trained to understand the expectations and needs of Black Americans. That training isn’t required today by any accrediting organization, Miller said.
Spora also developed technology to better measure its members’ risk for conditions like diabetes, hypertension, chronic kidney disease, and coronary artery disease —diseases that affect Black Americans at higher rates.
Studies have found that algorithms used in healthcare to influence how doctors care for patients are often biased toward white people, which results in more resources going to white patients than Black patients.
To fix that problem, Miller said Spora trained its own technology using a sample population that was representative of the variety of ethnicities in its patient population.
Spora plans to license its technology and training program for use by other organizations, Miller said.
A membership with Spora costs about $10 a month and includes free texting with clinicians. Virtual visits cost $100 a visit on top of that.