RubiconMD, a NYC-based eConsult platform providing access to specialist expertise, raised $18m in Series C funding.
The round was led by Deerfield Management Company, with participation from existing investors including Optum Ventures, HLM Venture Partners, Waterline Ventures and Heritage Provider Network. As part of the financing round, RubiconMD is adding Julian Harris, M.D., Partner at Deerfield, to the company’s Board of Directors.
The company, which has raised more than $40m to date, intends to use the funds to accelerate its ongoing growth and leverage its data to deliver new product offerings.
Co-founded in 2013 by CEO Gil Addo and President Carlos Reines, RubiconMD provides a platform that offers quick access to specialist insights across more than 120 specialties. Through its digital system, the company enables the remote exchange of insights between clinicians that eliminates unnecessary referrals and services, reduces patient wait time and travel burdens, and allows primary care to practice at the top of their license.