Mdlive Inc., a Sunrise, Fla.-based telehealth platform focused on delivering multi-specialty virtual access to care, closed a $50m growth investment.
The round was led by Health Velocity Capital and existing investors Cigna Corporation and Health Care Service Corporation (HCSC), with participation from Novo Holdings and Industry Ventures. With this financing, the new investors joined existing investors Sentara Healthcare, Sutter Health, Heritage Group and Bedford Funding.
The company intends to use the funds to continue to grow its reach.
Founded in 2009, Mdlive provides more than 27 million Americans with 24/7/365 access to a HIPAA-compliant, cloud-based, telehealth service platform utilizing partnerships with health systems, health plans and hospitals to offer virtual visits with U.S. board-certified doctors, counselors, psychiatrists and dermatologists.
Registered users can receive a virtual consultation through the company’s platform from home or on the go.