Tt Capital Partners (TTCP) has made a majority growth investment in Pyx Health, a technology-enabled services company combating the loneliness epidemic. Pyx Health provides health plans and members with a scalable solution that addresses social isolation through an app-based platform and human interventions. This investment underscores TTCP’s commitment to healthcare innovation and improving patient outcomes.
TT Capital Partners: Addressing Social Determinants of Health
TTCP’s investment in Pyx Health aligns with its focus on companies addressing social determinants of health and promoting health equity. Dawn Owens, TTCP Partner and CEO, highlighted the growing need for solutions that address loneliness and manage costs for vulnerable populations. TTCP recognizes Pyx Health’s innovative approach and its potential to improve health outcomes and reduce the financial burden on the healthcare system. Conor Green, TTCP Partner, emphasized TTCP’s intention to leverage its network and industry relationships to further elevate Pyx Health’s profile.
Pyx Health: A Unique Approach to Loneliness
Pyx Health’s founder and CEO, Cindy Jordan, drew inspiration from personal experience to create the company. Recognizing the U.S. Surgeon General’s declaration of loneliness as a public health crisis, Jordan developed a science-based, non-clinical solution. Pyx Health combines technology with human connection to provide timely support and resources to individuals experiencing loneliness. The company currently serves over 6 million individuals across 70 markets and collaborates with major payers, government, employer, and community health plans.
A Partnership for Growth
The partnership between TT Capital Partners and Pyx Health is strategically aligned to address a critical healthcare need. TTCP brings not only capital but also operational expertise and access to a vast healthcare network. This collaboration will enable Pyx Health to scale its operations and expand its reach, ultimately impacting more lives. Adam Letson, TTCP Principal, expressed enthusiasm for providing operational support to fuel Pyx Health’s growth trajectory. This investment signifies a shared commitment to improving the well-being of individuals struggling with loneliness and advancing health equity.
Conclusion: Investing in a Healthier Future
TT Capital Partners’ investment in Pyx Health represents a significant step forward in addressing the loneliness epidemic. By combining financial resources with strategic guidance and industry connections, TTCP is empowering Pyx Health to expand its impactful solution. This partnership holds promise for improving the lives of millions and reducing the strain on the healthcare system. The collaboration between TTCP and Pyx Health exemplifies a commitment to innovation and positive social impact within the healthcare industry.
