Doctor On Demand, a San Francisco, CA-based Video Telemedicine provider, closed a $50m round of Series B financing.
The round was led by Tenaya Capital with participation from new investors Qualcomm Incorporated, through its venture investment group, Qualcomm Ventures, Dignity Health, Anne Wojcicki, and other growth stage firms as well as existing investors Venrock, Shasta Ventures, and Sir Richard Branson.
The company, which has raised more than $74m in total funding, will use the funds to continue the rapid expansion of its video telemedicine service.
Co-founded in 2012 by Dr. Phil McGraw, Jay McGraw and Adam Jackson, Doctor On Demand Doctor On Demand is a healthcare service that provides Video Visits with Board Certified Physicians, Psychologists, and other providers via smartphones, tablets, and desktop computers. It delivers services through employers, health systems, health plans, and directly to consumers.
More than 200 employer customers now work with Doctor On Demand to offer physician and psychologist video visits through employee health and wellness programs.
FinSMEs
17/06/2015