When Max Cohen and Cameron Behar began opening a startup together during the pandemic, they decided to focus on the highest area of the era: health care.
However, since neither Cohen nor Behar had a health care background (both working at Google and Facebook before), they had to consider how they could contribute to areas that dominated public consciousness at the time.
Telemedicine also grew in popularity in those years, but the duo recognized that not all patients were able to serve remotely.
So Cohen and Behar have established sprinter health to fill this gap by providing home prevention services such as blood blood draws, diabetes tests and colorectal cancer screening. The startup said its goal is to serve and contact patients who have not yet used the health system so that they can stay healthy for the long term.
Cohen said the four-year-old sprinter has grown rapidly: now operating in 18 states (compared to five) and has increased its income sixfold over the past year.
This progress helped the startup attract a $55 million Series B led by General Catalyst. Andreessen Horowitz and other existing investors, including the University of California Google Ventures and Accel, also competed. The new capital raises the startup's total funding to $125 million.
Sprinter Health’s Secret Seasoning is its technical logistics system that provides its clinical professionals, IV bastards with the best routes and schedules, cross-training as medical assistants and community health workers.
“We need to make sure our employees spend as much time as possible to serve patients rather than drive,” Cohen said. The company’s route simulator accounts for variables such as traffic, weather and parking, which helps its clinical staff, called Sprinters, deliver up to 12 patients a day.
“Many home care companies fail because when you deploy humans into the field, it’s hard to get unit economics to work,” Julie Yoo, general partner at A16Z, told TechCrunch. “Unless your operating system is very tight, it’s hard to build a business that can be sustainable and lasting over time.”
Yoo, a member of the company's board, compared Sprinter Health's business with Instacart and Doordash, as food delivery companies also need to serve as many customers as possible to achieve strong gross margins.
Sprinter Health's services are free to members of the company's health insurance partners, including Medicare and Medicaid.