One Medical Group, a San Francisco, CA-based provider of a primary care system, raised $40m in growth capital.
The round was led by Redmile Group, with participation from current institutional investors.
The company intends to use the funds to expand to new markets.
Led by Tom Lee MD, founder and CEO, One Medical Group provides a care delivery solution for health professionals to make smarter decisions while allowing patients to manage their own health.
In 2013. the company added seven new offices and grew its member base by over 50 percent, while also launching new telehealth services via Google Helpouts.
Over 40 companies are now enrolled in its employee health benefit program, including Adobe, Doximity, Fitbit, NBCUniversal, On Deck Capital, Percolate, Quantcast, Sequoia Benefits, Uber and Wanelo.
FinSMEs
17/03/2014