Nectar Secures $8M in Seed Funding for Allergy Care Platform

Nectar, an allergy care platform, announced an $8 million seed round led by Juxtapose and Obvious Ventures, who are co-building the company alongside Founder and CEO Kenneth Chahine, Ph.D.

Nectar will be the consumer-facing brand of Nectar Life Sciences, an allergy-focused healthcare holding company led by Dr. Chahine. The Nectar platform will leverage data and clinical research to offer personalized allergy care aimed at treating the root cause of allergies and providing relief. Nectar’s differentiated model will provide consumers with convenience, flowing between virtual care and physical clinics. Read more.

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Main Street Health Raises $315M to Expand into 26 States

In addition to Oak HC/FT, Main Street's investors in this round include the five largest national Medicare Advantage plans, who collectively serve over 74% of Medicare Advantage members in the country. The round also includes investment from many of Main Street's provider partners including large health systems, regional hospitals, and individual primary care physicians.