SteadyMD Closes $2.5M Financing

SteadyMD, a St. Louis-based provider of an online concierge primary care platform, raised $2.5m in funding.

The round was led by Pelion Venture Partners, with participation from CrossCut Ventures, M25 Group, Service Provider Capital, and Hyde Park Venture Partners.

The company intends to use the funds to accelerate business expansion.

Led by Guy Friedman, CEO, Yarone Goren, Co-Founder and COO, SteadyMD is a healthcare provider and technology company that offers ongoing, continuous, and dedicated primary care online via web, mobile, phone, secure text, and video chat interfaces. The company has launched eight online primary care practices, each led by a doctor who is an expert and passionate participant in a specific category. To date, these categories include Bodybuilding, Strength Training, Functional Fitness, Running, Triathlon, LGBTQ, Diabetes, and General Health.

After a comprehensive one-hour video appointment in which the SteadyMD doctor and patient get to know one another, that same doctor is available to the patient anytime via secure text messaging, phone calls, and video appointments. The SteadyMD platform hosts all the patient’s medical records, including those from past doctors and hospitals.

The company is based in St. Louis, Missouri and has offices in Westlake Village, California.

FinSMEs

22/03/2018

 

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