digital health funding
The digital MSK health company said that it tripled its customer base and quadrupled its revenue in 2020.
While equity investments in telemedicine rose 139% to $4.3 billion, other areas like data analytics and mobile health apps also earned strong support from investors.
The SaaS company specializes in reputation management and targeted marketing for doctors, practices and healthcare organizations.
The nearly 20-year-old brand started as an online hub for providers, but now hosts consumer-facing resources and in-person health clinics.
Investors smashed the quarterly and annual digital health funding records of years past.
This raise follows a summer round of $225 million for the insurtech startup.
With its second funding round of the year, the San Francisco startup hopes to expand its business and its worldwide network of providers.
Also: Babyscripts raises $4 million from its provider customers; ConsejoSano filing reveals $17 million investment.
Now valued at more than $1 billion, the startup provides virtual care and local support services to patients who may otherwise fall through the cracks.
The startup will be targeting new hires, increased marketing and brand awareness campaigns, and new developments for its product.