Apollo Medical Holdings
1668 S. Garfield Avenue, 2nd Floor, Alhambra, CA, 91801, United States
Overview
ApolloMed is a physician-driven, integrated population health management company at the forefront of the U.S. movement towards value-based care. We manage the treatment of Medicare, Medicaid, and Commercial patients under risk-based contracts with payors. Our coordinated services improve patient quality of life, enhance patients’ care experience, and reduce utilization and costs of healthcare. ApolloMed provides care to its members through both contracted physicians and a network of ancillary support services, such as urgent care centers, surgery centers, imaging, lab services, and more.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 7
Sector focus
- Health Care
- Medical
Investment portfolio
- Seen Health
Participated · Series A · Nov 2024
Seen Health delivers culturally-focused, technology-enabled care built on the Program of All-Inclusive Care for the Elderly (PACE), operating through community centers and in participants' homes. The company combines an integrated platform—innovative devices, a PACE-centric EHR, and advanced AI infrastructure—to automate back-office tasks, support interdisciplinary teams, and manage full-risk plans for frail seniors. Seen Health emphasizes culturally competent services (language-concordant staff, family involvement, Eastern medicine, cultural activities) aimed at underserved communities, with an initial focus on the Asian and Pacific Islander community. The team is led by twin founders Xing and Yang Su, who bring experience from Uber and Salesforce and have partnered with clinical leaders and seasoned PACE executives. Seen Health publicly launched while noting PACE's strong outcomes (24% lower hospitalization rates) and the large unmet need (fewer than five percent of eligible seniors enrolled and more than 10 million eligible seniors nationwide). The company has announced plans to open its first center soon in Los Angeles County's San Gabriel Valley and to scale via its technology-enabled operating model.
- Third Way Health
Led · Seed · Apr 2023
Third Way Health (TWH) delivers a hybrid human-and-AI operating solution that handles end-to-end front-office tasks such as scheduling and prior authorization for medical practices, payers, and management service organizations. The company embeds dedicated teams within client workflows, promising implementation in as little as 12 weeks and "white-glove" service. Its platform currently supports practices that collectively serve more than 5 million patients annually and has driven up to 40 % reductions in administrative costs, an 11 % average increase in patient visits, and a 50 % cut in phone wait times. Headquartered in Los Angeles, TWH positions itself as an extension of its customers’ staff, blending targeted automation with experienced personnel. With fresh capital, the firm intends to scale sales and implementation teams, deepen AI capabilities, and broaden its operational footprint. Total funding now stands at $22.5 million, providing runway for continued product investment and market expansion.