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eConsult Solution Company AristaMD Adds Ascension Ventures and .406 Ventures to Investment Syndicate, Completing Its $24 Million Series B Financing

PRIVATEJul 14, 2020

Amount Raised

$24 Million

Round Type

Series B

San DiegoHealthcareHospitals And PhysiciansSustainabilityHealth Care

Description

AristaMD, a leading digital health company that provides proprietary eConsult solutions that connect primary care providers (PCPs) with timely, documented specialist insights, today announced investments from Ascension Ventures, a strategic healthcare venture firm representing 13 of the nation’s leading non-for-profit health systems, and .406 Ventures, a venture capital firm investing in early-stage disruptive enterprise technology and digital health companies. These investments top off the company’s Series B funding round, which was co-led by Cigna Ventures and MemorialCare Innovation Fund, at $24 million. The new capital will be used to accelerate commercial growth as well as continue the expansion of its proprietary eConsult platform supporting payors and health systems across the country.

Quick answer

AristaMD raised $24 Million in a Series B round, dated July 14, 2020. AristaMD is based in San Diego, California, United States.

How much did AristaMD raise?
AristaMD raised $24 Million in a Series B round on July 14, 2020.
What does AristaMD do?
AristaMD is focused on improving patient outcomes through more timely access to specialty care.
Where is AristaMD based and how big is it?
AristaMD is based in San Diego, California, United States. Fundz records about 30 employees.
Who are the decision-makers at AristaMD?
Fundz holds 1 contact at AristaMD, including the Vice President Clinical Product Solutions. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Healthcare and Hospitals And Physicians around the same time

Companies in the same sectors as AristaMD that raised within 45 days of this round, from Fundz verified event records.

  • Village Practice Management Company raised $1B on July 23, 2020.
  • Odyssey Health raised $1.1M (Seed) on August 28, 2020.
  • Pyx Health raised $1.8M (Seed) on August 28, 2020.
  • Optimize Systems raised $15M on August 28, 2020.
  • TuHURA Biosciences raised $22M on August 27, 2020.
  • Mixlab raised $2M (Seed) on August 18, 2020.

Who to call at AristaMD, and when

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Company Information

Company

AristaMD

Location

4660 La Jolla Village Dr., Suite 100 #1535

San Diego, California, United States

About

AristaMD is focused on improving patient outcomes through more timely access to specialty care. Its eConsult solution platform provides a telehealth solution that empowers primary care providers with clinical workup checklists and the ability to conduct electronic consults (also known as eConsults or virtual consults) to significantly improve the patient referral process and allow greater access to timely, high-quality care. Designed to seamlessly integrate into physician referral workflows, the platform allows payers and providers to quickly and cost-effectively launch specialist eConsults using their own specialists or those provided by AristaMD’s board-certified panel of experts.

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Fundz sees it the moment AristaMD raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsLauren R., Vice President Clinical Product Solutio… hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

AristaMD raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.