PatientPartner Raises $7M in Seed Funding to Transform Patient Engagement

PatientPartner, a health-tech startup founded by George Kramb and Patrick Frank, recently raised $7 million in Seed Round funding with FCA Venture Partners as the lead investor. The round included $3.5 million in new funding and $3.5 million of convertible debt from Alethea Capital and other strategic investors. This new capital will support PatientPartner's mission to elevate patient engagement and empowerment by expanding its unique mentorship platform. The platform connects patients with real-time mentors, achieving a high success rate of over 71% in facilitating patient progress in healthcare. The company serves pharmaceutical clients with innovative patient experiences, addressing the growing demand for personalized healthcare solutions. PatientPartner's platform has already attracted over 40,000 users and 500 mentors, serving a wide range of disease states and treatment types. Industry trend indicates increasing investments in direct-to-patient marketing by pharmaceutical giants like Eli Lilly and Pfizer. The fundraising underscores PatientPartner's leading role in patient engagement. FCA Venture Partners, a major player in healthcare technology investment, manages over $225 million and focuses on improving patient care and efficiency in healthcare delivery.