The ESG Initiative at the Wharton School
Penn Medicine-Wharton Fund for Health Invests in Twentyeight Health to Improve Reproductive Health Access
Outlet: Penn Medicine News
The Fund for Health, a joint initiative of Penn Medicine and the Environmental, Social, and Governance (ESG) Initiative at the Wharton School is now backing Twentyeight Health, an online platform and telemedicine service designed to expand reproductive health care access for women from underserved communities.
The Fund for Health, launched in 2021 as a new means to drive change through strategic investment that positively impacts social determinants of health, joins the latest round of funding to support the three-year-old startup. This makes Twentyeight Health the seventh company to receive investment through the Fund for Health. In total, the fund has made $1.6 million in investments since it began.
“The student investment team in the Fund for Health recognized Twentyeight Health’s innovations and how they position the company to address challenges in women’s health, especially for underserved communities here in Philadelphia. It’s the right fit for what we’re hoping to do with our investments,” said Rajith Sebastian, co-director of the Fund for Health and the head of Impact Investments at the ESG Initiative at the Wharton School.