Pear Suite

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Overview

Pear Suite is a digital health company based in Honolulu, Hawaii, founded in 2021 by Colby Takeda and Nick Lockett. The company is focused on empowering community health workers (CHWs) by using a social care navigation platform to assess and address social determinants of health (SDOH). Pear Suite has successfully raised $2.5 million in seed funding from investors including Mucker Capital, Impact Engine, and the American Heart Association, among others. The company’s platform helps organizations improve health outcomes and reduce costs by providing culturally sensitive and person-centered care.

Recent Developments

  • June 2024: Pear Suite announced it reached 100 customers across 24 U.S. states and raised over $1 million in additional funding. This milestone was celebrated as the company continues to support community health workers in increasing access to health and social services.
  • March 2024: Pear Suite, in collaboration with OutCare Health, participated in the California Department of Health Care Access and Information's statewide training initiative, Caring4Cal. This program aims to enhance the Home-and-Community-Based Services workforce.
  • February 2024: The company attended ViVE 2024, a healthcare conference, as part of StartUp Health’s roster, where they were recognized for their innovative contributions to digital health.
  • May 2023: Pear Suite secured $2.5 million in seed funding led by Mucker Capital and others to expand their efforts in addressing SDOH, particularly focusing on the Asian American and Pacific Islander communities.
  • February 2023: Co-founder Colby Takeda was announced as a finalist for the Hawaii Entrepreneur Awards for Pear Suite’s significant contributions in the digital health sector.

Company Information

AttributeInformation
Founding Date2021
HeadquartersHonolulu, HI, and Seattle, WA
FoundersColby Takeda, Nick Lockett
RevenueNot publicly disclosed
ProfitsNot publicly disclosed
Key InvestorsMucker Capital, Impact Engine, American Heart Association
IndustryDigital Health
Number of Employees11-50

Early History

Pear Suite was founded with the mission to utilize digital solutions and community-based approaches to solve disparities in healthcare, particularly through the empowerment of community health workers. The founders, Colby Takeda and Nick Lockett, brought together their expertise in health sciences and technology to develop a platform that assists healthcare workers in addressing social determinants of health. The idea was influenced by Colby's experiences in senior living and his realization of the impacts SDOH has on health outcomes. Since its inception, the company has rapidly grown its client base and expanded its reach throughout the United States.

Company Profile and Achievements

Pear Suite's business model focuses on offering a SaaS-based social care navigation platform that supports community health workers:

  1. Platform Features:
    • Uses AI-powered scripts for better data collection and resource linking.
    • Offers omni-channel communication tools and predictive analytics.
  2. Growth Milestones:
    • Achieved over 100 customers in 24 states within three years of operation.
    • Announced partnerships with major health organizations and achieved remarkable customer retention rates.
  3. Awards and Recognition:
    • Winner of the 2024 Prime Health Innovation Challenge.
    • Finalist in the Hawaii Entrepreneur Awards, recognizing their impact in health tech.

Current Operations and Market Position

Pear Suite currently serves a wide network of healthcare providers by empowering CHWs to collect and use SDOH data effectively. The company has expanded its operations to over 24 states and works with several health plans. Pear Suite has been able to contribute to the training of over 50 CHWs as they scale their operations. With their platform, Pear Suite is enhancing health outcomes and improving efficiency in healthcare services across diverse communities.

Conclusion

Pear Suite is playing a significant role in transforming healthcare by addressing social determinants of health through technology. The company’s innovative platform has empowered community health workers and extended health services to thousands of individuals, demonstrating its capability to adapt and grow in the dynamic health tech sector. With continued investment and an expanding geographic reach, Pear Suite is well-positioned to further influence the health outcomes in communities across the United States, potentially leading a shift toward more equitable healthcare solutions.

References

  1. LinkedIn - Pear Suite
  2. Business Wire Press Release
  3. PeartSuite Official Website
  4. HealthCareIT Today
  5. Yahoo Finance