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Soda Health

Social justice healthcare technology

Soda Health logo
21-100 employees
  • Healthcare
  • B2B
  • Nutrition
  • Social Impact

Company mission

To eliminate health inequities and create a healthier America.

Top investors

Our take

Between 80% and 90% of a person’s health is determined by environmental and behavioral factors. These Social Determinants of Health (or SDOH) are what Soda Health aims to address, setting out to create more equitable styles of health benefit and ensure better health across social borders.

It works by changing the way health benefits are claimed, offering members a sort of pay-as-you-go benefits credit card. What's covered here are things not traditionally included among health benefits which are impacted by wealth inequity - ability to buy nutritional foods or over-the-counter medicines, and limited access to transport for healthcare appointments.

It’s an interesting model, and not one which has many directly comparable competitors. But the concept of HealthTech for SDOH is an overcrowded market, and Soda Health must be sure to stand out against larger start-ups like Unite Us or Cityblock.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Paid Holidays
  • Equity
  • Medical, Dental, and Vision with 90% paid employer premium contributions for all tiers
  • 100% Employer Paid Short-Term & Long-Term Disability
  • 100% Employer Paid Basic Life Insurance Policy
  • Employee Assistance Program (EAP)
  • 401k Program
  • Unlimited PTO
  • Flexible Work Schedule within Core Hours

Funding (2 rounds)

Sep 2022

$25m

SERIES A

Aug 2021

$6m

SEED

Total funding: $31m

This company has top investors

Leadership

Formerly a consultant at Trideate Consulting Group and 8760. They also worked in a number of different roles at Walmart, including Director of Healthcare Strategy and Head of Consumer Health Innovation.

Daryl Risinger

(President)

Previously worked as CEO of Salus Innovation, and as VP and Chief Growth Officer for Health and Wellness at Walmart. They were also Senior Vice President of Marketing and Product Development at Concentra.

Former CTO of Aurora Investment Management and Backstop Solutions Group. They were VP of a number of departments at Rally Health over 7 years, and still advise part-time time at OneVillage.

Jared Dauman

(Head of Operations)

Prior to Soda Health, they were an Associate in Digital Health, and a Senior Category Specialist in Health and Wellness at Walmart.