Mountain raises $1.5 million seed funding
Texas-based River Health has raised a $1.5 million seed funding round led by Matchstick Ventures. Founded in 2019, the company is a team of 2 looking to offer healthcare to young adults via a monthly subscription of $30 per person. Coverage includes access to comprehensive primary care, including women’s healthcare, sexual health, and wellness services.
Other investors include Northwestern Mutual Future Ventures, Techstars Ventures, Bread and Butter Ventures, and Route 66 Ventures.
“Mountain has been forward-thinking in its approach to providing millennials with affordable access to healthcare services like sick visits, birth control, STD testing, and more. With this new capital, we can make our $30/month affordable plan available to consumers in cities across the United States.” – Mountain CEO Kobby Amoah.
“Mountain’s healthcare plan is exactly what young adults are begging for. A simple and affordable plan that offers the services they actually want and need on a daily basis. We’re excited to back this team and their plans to take on this opportunity.” – Matchstick Ventures Partner Ryan Broshar.
Mountain will use the new capital for market expansion and bringing its service into cities like New York, and Minneapolis.