Skip to main content
Return to Portfolio
Health & Well-Being

Modern Ritual

Modern Ritual is a teledermatology platform enabling primary care providers and pharmacies to connect patients with board-certified dermatologists for rapid review and early skin cancer detection.
Equity, SAFE (Equity)
SDG 3
Chapel Hill, North Carolina

$420K

deployed
CAPITAL DEPLOYED

180

units
units created

620+

people
people housed

2024

year
investment year

The Investment

Skin cancer is the most commonly diagnosed cancer in the United States, yet access to dermatology care remains limited in many communities. Long wait times and provider shortages can delay diagnosis and treatment, particularly for patients who lack easy access to specialists. Modern Ritual was created to help close that gap through teledermatology. The platform enabled primary care providers and pharmacies to capture images of suspicious skin lesions and connect patients with board-certified dermatologists for rapid review and triage. The goal was simple: make early detection and specialist expertise more accessible through the places where people already receive care.

In March 2023, an Abundance Angel recommended a $10,000 SAFE investment as part of a larger financing round led by VentureSouth. The capital supported platform development, clinical integration, and commercialization efforts as the company expanded its reach.

Impact Metrics

180 units

Affordable housing units created and preserved

620+ residents

Low-income residents housed with stable, affordable rent

$2.1M leveraged

Additional capital mobilized from public and philanthropic sources

SDG Alignment

3
SDG 3: Good Health and Well-Being

Investment Details

Type
Equity, SAFE (Equity)
Amount
$10,000
Impact Pillar
Health & Well-Being
Status
Deployed
Location
Chapel Hill, North Carolina

About the Organization

Modern Ritual is a Chapel Hill, North Carolina teledermatology company working to expand access to specialist skin care through the places where patients already receive care.

Support Investments Like This
Open an Angel Fund to deploy capital into afforadable housing, healthcare, technology and other investments aligned with our impact pillars.

Stay Connected

Stories from the communities we serve delivered to your inbox.

Abundance Capital

Building stronger, more prosperous communities by stretching the impact of philanthropy through impact-first investments.
© 2026 Abundance Capital. All rights reserved.

Site by goodvillage co.