Offor Health, provider of on-site clinical services for medical and dental practices, has raised $9 million in Series A1 funding. AXA Venture Partners led the round.
COLUMBUS, Ohio [April 13, 2022] — OFFOR Health, a company that provides on-site clinical services for medical and dental practices, announced the close of a Series A1 round with $9 million, bringing the company’s totally funding up to $15 million. The most recent deal was led by AXA Venture Partners, and also backed by Seattle-based SpringRock Ventures, Columbus-based LOUD Capital, Delta Dental and MBX Capital.
OFFOR Health’s first service line is SmileMD, an oral health offering that enables office-based procedures by providing OR experience with anesthesia clinical staff to the dental office. Over the last seven years, SmileMD’s services have already demonstrated a significant impact on patients’ lives, saving over 45,000 months of wait time, which reduces progression of disease and unnecessary ER and urgent care visits, and over 600,000 miles in travel for patients.
“We’ve been on this mission since 2014, but during the pandemic we saw a drastic spike in pediatric operation wait times,” said OFFOR Health CEO Saket Agrawal. “Techenabled delivery of care is an area we are seeing innovation in across the healthcare industry, but we believe that we are doing work that can truly have an impact. By saving time, money, and resources for patients, providers, and payers, we are seizing the chance to improve the quality of healthcare for people nationwide. Through our care delivery platform that consists of deploying clinical care, logistics, and technology, we’ve proven that our model works and that when you offer an opportunity to connect providers directly with patient need you can achieve amazing results. We are excited to see the impact we can drive with our new service line offerings tackling issues from sleep to chronic disease from this new round of funding.”
This latest round of funding will support OFFOR Health’s vision of scaling its last-mile care delivery model into additional markets across the country. After starting in Ohio in 2014, operational states now include Illinois, Kentucky, and Tennessee. OFFOR Health is also making plans to expand on-site medical delivery across practice areas driving improved population health, making healthcare more accessible and more affordable for even more patients.
“The problem that OFFOR Health is immediately solving is one that is high-cost, and high-impact,” said Manish Agarwal, General Partner at AXA Venture Partners. “They are doing great work serving a very in-need population of pediatric medicaid patients. This vision, combined with the clinical knowledge of the founding team, tells us that they are on track to not just make a splash in the changing healthcare landscape, but truly make a difference in patients’ lives.”
OFFOR Health served tens of thousands of patients through 2022, increasing patients served by 155% year over year. By OFFOR Health reducing patient wait times from months to weeks, they are able to deliver better patient outcomes. The company is in the process of rapidly expanding its 100+ employee team to meet the needs of communities across the country.