Pediatrica Health Group Raises $28 Million Series B to Expand Equitable Access to Pediatric Primary Care

Company’s Next Generation Care^SM Model Creates Sustainable, Healthy Outcomes for Families and the Healthcare System

MIAMI & BOSTON--(BUSINESS WIRE)--Pediatrica Health Group (“Pediatrica” or the “Company”), a rapidly growing multi-site pediatric primary care organization dedicated to delivering Next Generation Care^SM to families, today announced the closing of a $28 million Series B funding round led by Valspring Capital (“Valspring”), with participation from existing investor M33 Growth (“M33”). The investment marks a significant milestone for Pediatrica, founded through its partnership with M33, which helped propel the enterprise to 21 thriving locations across Florida and Texas. This latest shared contribution continues to build on this legacy.

“… Connecting more families to the quality pediatric primary care they deserve…”

The investment from Valspring reflects the shared confidence in Pediatrica’s long-term growth strategy and provides the capital necessary to accelerate both organic growth and strategic acquisitions. The latest funding also supports continued investments in clinical and operational infrastructure, technology enhancements, and the expansion of Pediatrica's value-based care capabilities.

“This investment reflects the momentum we have built and the confidence our partners have in our ability to reimagine, improve, and expand equitable access to pediatric primary care. Our partnership with M33 gave us the runway to prove our model and demonstrate what is possible when you remove barriers for providers and put families first. With their continued support, along with Valspring's, we are positioned to carry that work further – reach more children, more communities, and connect more families to the quality pediatric primary care they deserve,” commented Roberto Palenzuela. “This investment translates directly into expanded access – more locations, more providers, and better resources for the families and communities we are committed to serving. The work Pediatrica is doing today is laying the foundation for a healthier next generation, and in doing so, easing the burden on our healthcare system for generations to come – this investment accelerates continued, impactful change.”

“Pediatrica reflects our thesis that lasting change in healthcare is driven by companies that innovate on the patient and provider experience to deliver better outcomes…”

Valspring brings deep sector expertise and a portfolio purpose-built around healthcare innovation. Pediatrica represents a compelling fit within Valspring's investment focus on growth-stage healthcare services companies. Yumin Choi, Managing Partner of Valspring, commented, “Pediatrica reflects our thesis that lasting change in healthcare is driven by companies that innovate on the patient and provider experience to deliver better outcomes. Roberto and his team have built something truly unique. Going beyond traditional care, their model nurtures communities and empowers providers while expanding access to high-quality, coordinated pediatric primary care for all families, including those underserved. We are proud to partner with Pediatrica and M33 to support this purpose-driven team to bring Next Generation Care^SM to more communities.”

Pediatrica's founding investment partner, M33, continues to play an active role in the organization's strategic development. Gabe Ling, founder of M33, added, “From day one, we believed in Roberto's vision for a better pediatric care experience. The growth Pediatrica has achieved is a testament to that vision and to the team's relentless execution. We are excited to welcome Valspring as a partner and look forward to the next chapter of growth that Pediatrica is positioned to achieve.”

Watch for more updates on the growth and development of Pediatrica to follow soon and learn more about how the company is quickly becoming a formative presence in pediatric care and creating change for good by visiting Pediatrica.com.

About Pediatrica Health Group

Pediatrica Health Group is a multi-practice, pediatric primary care organization actively creating better outcomes and brighter futures for patient families and providers alike – providing Next Generation Care for the Next Generation^SM. Dedicated to providing equitable access to innovative pediatric primary care, Pediatrica Health Group empowers and supports providers and health care teams with modern technologies and the resources needed to provide exemplary, tailored patient care.

Focused pediatric care for families with children from birth to 18 years of age. Learn more at Pediatrica.com.

About Valspring Capital

Established in 2022, Valspring is a Boston-based growth equity firm founded by the former healthcare investment team of Bain Capital Ventures. With deep sector expertise and a proven track record, Valspring invests in growth-stage companies in the healthcare industry, focusing on the information technology, technology-enabled services, and services sectors. Valspring is purpose-built to support scaling the best teams and solutions to achieve outsized impact and accelerate commercial adoption. Learn more at valspring.com.

About M33 Growth

M33 Growth is a venture and growth stage investment firm that seeks to partner with founders and CEOs who have successfully bootstrapped their companies to strong growth and are positioned to rapidly scale their companies and break through as market leaders. With deep experience fueling sales and marketing engines, driving acquisitions, and building value through data assets, M33 Growth seeks to propel portfolio companies to succeed in their markets. Founded by veterans of renowned investment firms with considerable operational experience, the Boston-based firm seeks to invest in companies in the software, healthcare and services sectors throughout North America. Learn more at m33growth.com.