Foundation Health, a San Francisco healthcare technology company, closed a $6 million seed funding round. Investors include Garry Tan of Y Combinator and others. The company focuses on digital pharmacy and telehealth solutions, working on APIs, virtual pharmacies, and direct-to-consumer services. The funds will be used to provide quick and scalable healthcare solutions. Founder Umar Afridi aims to make Foundation Health a leading tech platform. Similar companies expanding in the healthcare SaaS space include AvePoint, Salesforce, ProducTiv, and Microsoft Azure. Afridi expects profitability in 18 months, with demand already high.
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