GEM HEALTH's Series A round was co-led by HealthTrend Capital and LFE Capital and included participation from existing investors Base10 Partners and Mairs & Power Venture Capital.
Gem Health, a virtual care platform focused on sleep disorders, has successfully raised $7 million in a seed funding round led by AlleyCorp, with participation from several other investors including 7wireVentures and Tectonic Ventures. The company aims to enhance its services by integrating with health systems and expanding its team to better address the growing demand for sleep care. Sleep disorders, which affect a significant portion of the population, often go undiagnosed and untreated, leading to various health issues. Gem Health's approach involves providing comprehensive virtual care, including diagnosis, treatment, and management of sleep conditions like insomnia, sleep apnea, and narcolepsy, through a multidisciplinary team of experts. This funding will help Gem Health scale its operations and improve its technology to offer more personalized and accessible sleep care solutions.