By-Latinos, For-Latinos Healthcare Startup Zócalo Health Closes $5 Million in Funding to Launch Primary Care Services

Zócalo Health set to deliver the only Latino healthcare experience focused on the culture of patients’ primary and social health needs

Co-founders Erik Cardenas and Mariza Hardin defy the odds amidst lack of funding for Latino and female-led startups 

Zócalo Health, a Latino-founded healthcare service designed for Latino patients, announced today $5M in seed funding co-led by Animo, Virtue, and Vamos Ventures. The round includes other notable investors including Necessary Ventures, Able Partners, and angel investors Toyin Ajayi, Freada Kapor Klein, Nikhil Krishnan, and Erik Ibarra. The funds will support the company’s launch of virtual primary care services in California, Texas, and Washington in 2022, introducing an improved and long overdue healthcare experience for Latinos built on trust, community, and culture.

“We founded Zócalo Health to embrace the values and traditions from our culture and Latino identity and make them the heart of the primary care experience. We are transforming healthcare in this country, as we can no longer rely on a one-size-fits-all system filled with inequalities”

Over 60 million Latinos live in the United States today – the nation’s largest minority group. By 2050, they’ll make up more than 30% of the population with 132.8 million people. Despite this growth, the U.S. healthcare system lacks products and resources to meet this population’s unique cultural needs. Latinos experience disproportionately limited access to primary care with a ratio of one primary care physician for every five to six thousand residents in predominantly Latino zip codes.

Zócalo Health is addressing that gap by delivering affordable and accessible primary care that blends tradition with innovation and prioritizes trusting relationships between providers and patients. Services will be offered through monthly and annual memberships that give patients access to a full care team – led by a promotor de salud (community health worker) and composed of physicians, nurses, mental health therapists and more – as well as same day appointments and care coordination services focused on addressing social determinants of health.

“We founded Zócalo Health to embrace the values and traditions from our culture and Latino identity and make them the heart of the primary care experience. We are transforming healthcare in this country, as we can no longer rely on a one-size-fits-all system filled with inequalities,” says Erik Cardenas, co-founder and CEO at Zócalo Health. “We are relentlessly committed to meeting the Latino community’s needs with urgency and care. We are grateful for our team and our investors, who understand the importance of leveraging innovation while maintaining culture and tradition along the way.”

“Our current healthcare system fails to work with and respect the Latino person’s identities, care needs, and preference.” said Mariza Hardin, co-founder and Head of Strategy and Operations at Zócalo Health. “Working in healthcare my entire career, I didn’t see people who looked like me driving healthcare solutions for my community. With our experience and network, we have the opportunity to build something better for our own families and Latino communities across the country, exemplifying that if the system isn’t changing, then we have to be that change.”

Zócalo Health is led by diverse entrepreneurs who are shaking up the start-up scene. Fewer than 1% of funds from the 25 primary risk and venture capital firms end up in the hands of Latino founders. Latino startup funding makes up approximately 2% of the overall startup investment. And only 13% of venture capital dollars go to startups with a woman on the founding team.

“Our team at VamosVentures sees enormous promise in what Zócalo Health is building,” said Xavier del Rosario, partner at the venture capital firm. “We believe in a future where diverse leaders can access resources to support their communities, and we are confident that the team behind Zócalo Health is blazing the trail to that future.”

Zócalo Health is launching services in California and Texas this National Hispanic Heritage Month and plans to expand to other states in 2022 and beyond. To learn more about Zócalo Health’s mission and services, visit zocalo.health.

About Zócalo Health

Zócalo Health is a Latino-founded, virtual family medicine service designed for the Latino patient. We remove barriers to healthcare by offering convenient, transparent and culturally aligned care to our members. Our services include same-day virtual healthcare appointments and navigation assistance for a monthly fee. Zócalo Health is available to individuals living in California.

About Erik Cardenas

Erik is a healthcare tech strategist with more than 20 years of leadership experience. In August 2021, he founded Zócalo Health to deliver a first-class family medicine experience for the Latino community.

Before founding Zócalo Health, he served as a founding team member and senior leader at Amazon Care where he led several technical teams. Erik was a key contributor to Amazon’s COVID-19 response and global testing initiative. A seasoned entrepreneur and health system leader, he previously managed a health IT portfolio at Tenet Health and led founding operations and technology at EverlyWell.

He currently sits on the Rogers Behavioral Health Board of Directors. In October 2020, he was selected as one of Business Insider’s 30 under 40 who are working to transform U.S. healthcare. Erik is passionate about delivering customer-obsessed healthcare solutions to fulfill his vision of a more personal and equitable healthcare system. When not working to grow Zócalo Health, he enjoys spending time with his family, exploring the outdoors, or playing sports.

About Mariza Hardin

A healthcare business leader with more than 15 years of policy experience, Mariza founded Zócalo Health in 2021 with a vision to enhance the primary care experience and overall health journey for Latino families.

Prior to leading Zócalo Health, Mariza was on the founding team for Amazon Care and AWS’s Health and Human Service Vertical where she led business development initiatives for Amazon customers. Prior to Amazon, she focused on developing innovative solutions for Medicare and Medicaid populations for companies such as Omada and Alere Health/Optum.

Her experience in Medicaid and Medicare started during her tenure at the US Health and Human Service Department where she led policy programs for health information exchange. She holds a master’s degree in Health Policy from The George Washington University and currently lives with her family in the Greater Seattle area.

   

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