Steadymd Raises $25 Million To Power Telehealth Infrastructure For Digital Health Companies And Employers In All 50 States

Mar 30, 2021•over 4 years ago

Amount Raised

$25 Million

St. Louis

Description

SteadyMD, a technology company and healthcare provider that delivers high-quality telehealth experiences in all 50 states, today announced a $25 million Series B capital raise to enhance the company’s platform services that now power the telehealth infrastructure of digital health businesses and employers. Lux Capital led the round, with Partner Deena Shakir joining the SteadyMD Board of Directors and additional participation from Ashton Kutcher and Guy Oseary's Sound Ventures, Acrew Capital, and other healthcare investors. The new capital comes after five years of strong growth within SteadyMD’s proven direct-to-consumer primary care offering and will support the recent expansion of its platform services, which enable telehealth providers across the care continuum to scale with a 50-state clinician workforce, legal and regulatory guidance, and supporting technology.

Company Information

Company

Steady Md

Location

St. Louis, Missouri, United States

About

SteadyMD is a technology company and healthcare provider that delivers high-quality telehealth experiences for digital health companies, employers, consumers, and clinicians nationwide. For digital health companies, SteadyMD provides an on-demand physician workforce, legal and regulatory guidance, and customized technology to support primary care, behavioral health, digital pharmacy, medical device, at-home lab, and other telehealth operations. For consumers and employers, SteadyMD offers access to online primary care, functional medicine, and pediatric care. For the thousands of clinicians behind its platform, SteadyMD provides an opportunity to build an online practice in key areas ranging from urgent care to concierge care. Founded in 2016 by Guy Friedman and Yarone Goren, SteadyMD is based in St. Louis, MO and Westlake Village, CA. The company is licensed, operating, and serving patients in all 50 U.S. states. Learn more about SteadyMD at https://www.steadymd.com.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech