Somatus
Founded Year
2016Stage
Series E | AliveTotal Raised
$465MValuation
$0000Last Raised
$325M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+11 points in the past 30 days
About Somatus
Somatus provides services related to kidney and heart care in the healthcare sector. The company offers clinical, emotional, and social support to patients, with the intention of addressing kidney and heart diseases. Somatus collaborates with health plans and providers to manage patient care and reduce hospital admissions. It was founded in 2016 and is based in McLean, Virginia.
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Somatus's Products & Differentiators
RenalIQ® Technology
Suite of proprietary analytics & applications to identify, engage & manage CKD/ESKD populations
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Research containing Somatus
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Somatus in 2 CB Insights research briefs, most recently on Dec 7, 2022.
Expert Collections containing Somatus
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Somatus is included in 4 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,270 items
Value-Based Care & Population Health
893 items
The VBC & Population Health collection includes companies that enable and deliver care models that address the health needs for defining populations along the continuum of care, including in the community setting, through participation, engagement, and targeted interventions.
Digital Health 50
300 items
The winners of the second annual CB Insights Digital Health 150.
Digital Health
11,305 items
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Somatus Patents
Somatus has filed 1 patent.
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10/6/2023 | Application |
Application Date | 10/6/2023 |
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Latest Somatus News
Oct 24, 2024
News provided by Share this article Share toX MCLEAN, Va., Oct. 24, 2024 /PRNewswire/ -- Somatus, the nation's largest and leading provider of value-based kidney and cardiovascular care, today announced it serves more than 275,000 patients in all 50 states and across all lines of business. The company's growth is attributed to new and expanded partnerships that bring its proven AI/ML powered home-based care model to a broader range of patients living with chronic kidney disease, cardiovascular disease, and their related comorbid conditions. "This growth is a further testament to confidence in our whole-person care approach," said Dr. Ikenna Okezie, Co-Founder and Chief Executive Officer of Somatus. "We are honored that health plans, provider organizations, and employers want to be part of a solution that delays disease progression and drives greater access, equity, and improved outcomes." In addition to its expanded footprint, Somatus has experienced the following significant recent wins: Provider Partnerships – Somatus now has contractual partnerships with more than 20,000 physicians, including 2,300 providers in value-based care arrangements. These collaborative arrangements enable Somatus, working together with the providers, to slow chronic disease progression and improve overall quality outcomes, while lowering total cost of care. Expansion into the Self-Funded Segment – In partnership with leading health plans and employers, the Somatus program is now delivered to thousands of active employees, retirees, and beneficiaries who receive their health insurance through their employer. Industry Accreditations – In July 2024, Somatus was the first value-based kidney care and chronic condition management provider to achieve the National Committee for Quality Assurance's Accreditation for Health Equity. Additionally, Somatus also renewed its Population Health Management and Case Management accreditations through 2027. About Somatus Somatus partners with nephrology, cardiology, and primary care groups, leading health plans, and health systems to provide integrated primary and specialty care for patients with, or at risk of developing, kidney and heart disease. As the market leader in value-based kidney care, Somatus' fully integrated clinical services and AI-driven technologies delay or prevent disease progression, improve quality and care coordination, and increase the use of home dialysis modalities and rates of kidney transplantation. In 2024, Somatus expanded its program to contract for individuals with congestive heart failure. The company is headquartered in McLean, Virginia and founded by a team of world-class healthcare operators, successful entrepreneurs, and leading clinicians. For more information, please visit www.somatus.com . Somatus Contact
Somatus Frequently Asked Questions (FAQ)
When was Somatus founded?
Somatus was founded in 2016.
Where is Somatus's headquarters?
Somatus's headquarters is located at 1861 International Drive, McLean.
What is Somatus's latest funding round?
Somatus's latest funding round is Series E.
How much did Somatus raise?
Somatus raised a total of $465M.
Who are the investors of Somatus?
Investors of Somatus include The Blue Venture Fund, Flare Capital Partners, Anthem, Deerfield Management, Longitude Capital and 11 more.
Who are Somatus's competitors?
Competitors of Somatus include Carenostics and 4 more.
What products does Somatus offer?
Somatus's products include RenalIQ® Technology and 3 more.
Who are Somatus's customers?
Customers of Somatus include BlueCross BlueShield of TN.
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Compare Somatus to Competitors
Strive Health focuses on kidney care and operates within the healthcare sector. The company offers a range of services, including management of chronic kidney disease and end-stage renal disease, dialysis, and support for kidney transplants, utilizing a combination of high-touch care teams and advanced technology to improve patient outcomes and reduce costs. It was founded in 2018 and is based in Denver, Colorado.
IKONA Health operates as a learning science company operating in the healthcare industry, with a specific focus on kidney care. The company offers a science-based, delivery-focused learning platform designed to enhance learning at every stage of kidney care, providing personalized education tools for patients, providers, and organizations. IKONA Health primarily serves the healthcare industry. It is based in New York, New York.
RenalTracker is a health-focused company that specializes in providing support and resources for individuals with chronic kidney disease (CKD). The company offers a digitally-delivered lifestyle change program, including educational content, renal diet tips, and personalized coaching to help patients manage their condition and potentially delay the need for dialysis. RenalTracker primarily serves individuals diagnosed with CKD seeking to improve their quality of life through diet and lifestyle adjustments. It was founded in 2016 and is based in Netherlands.
American Renal Associates is a healthcare company that provides dialysis services and care for patients with kidney conditions. The company offers services for patients suffering from End-Stage Renal Disease (ESRD) and other kidney-related issues, collaborating with local physicians to provide dialysis treatment. American Renal Associates serves the healthcare field, with an emphasis on patient care and collaboration with physicians. It was founded in 1999 and is based in Beverly, Massachusetts.
Dialyze Direct provides dialysis care for elderly patients with End Stage Renal Disease in skilled nursing facilities. The company offers staff assisted home hemodialysis services, focusing on reducing the need for transportation and re-hospitalizations. Dialyze Direct's approach includes coordination of care with nursing home staff and the use of protocols designed for elderly patients. It was founded in 2015 and is based in Neptune, New Jersey.
Atlantic Dialysis Management Services is involved in the development and management of dialysis services within the healthcare sector. The company provides services such as home dialysis support, clinical support for dialysis, compliance and regulatory adherence, quality control, biomedical services, electronic health record training, and IT support. Atlantic Dialysis Management Services serves the healthcare industry, focusing on nephrology and dialysis patient care. It is based in College Point, New York.
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