Socially Determined provides Social Risk Intelligence through its SocialScape® SaaS platform and advisory services, aggregating data and proprietary analytics to reveal where social risk exists and how it affects health outcomes. The platform is designed for payers, life sciences companies, providers and other stakeholders to reduce healthcare disparities and improve engagement. The company has an expanded partnership with CareFirst BlueCross BlueShield to serve CareFirst’s 3.5 million members through an enterprise-wide deployment of SocialScape. Socially Determined said it has gathered data sets on factors like food insecurity, transportation barriers, and financial strain and built analytics and expertise to standardize SDOH assessment at scale. Headquartered in Washington, D.C., it was recently named by Fierce Healthcare as one of the 15 most promising healthcare companies. The company closed a $26 million Series B and will use proceeds to fund product enhancements, sales and marketing, and R&D focused on further technology and platform automation. Socially Determined builds analytics focused on the science and measurement of social determinants of health (SDOH). Its flagship platform, SocialScape®, quantifies social risk and delivers insights into how SDOH affect utilization, cost, and outcomes. The technology is supported by a team of experts who provide SDOH program evaluation, deep cohort analysis, and guidance to clients. The company helps clients grow lines of business into new geographies and risk arrangements through analytic insights. Socially Determined plans to use the Series A proceeds to continue expanding operations and its business reach. The company was co-founded in 2017 by Trenor Williams, MD, Ryan Bosch, MD, and Anthony Beverina and is based in Washington, DC, with a second office in Blacksburg, VA.

Total raised

$37M

Funding rounds

2

Latest round

Series B

Latest activity

Jun 2022