Teladoc Medical Services Receives $4M Equity Investment

Teladoc Medical Services, a nationwide network of licensed, board certified primary care physicians, providing telehealth visits on demand, received a $4m equity investment from existing shareholders Cardinal Partners and HLM Venture Partners.
As stated by Jason Gorevic, CEO of Teladoc, the company intends to use the new capital to fund the next phase of growt, also optimizing Cardinal Partners and HLM Venture Partners’ relationships, insights and expertise. 
Founded in 2002, Teladoc offers access to a national network of board-certified physicians providing telehealth consultations 24/7, with its physicians using detailed clinical histories to remotely diagnose and recommend treatment. 
The company works handling a significant portion of non-emergent medical cases and trying to resolve routine medical issues: This model is designed to allow patients not to spend time and money to access care from urgent care facilities, emergency departments, or physician offices.

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