QLER Telehealth, a Reston, VA-based on-demand psychiatry partner, raised $7.4m in Series B funding.
The round was led by MedEquity Capital with participation from Relevance Ventures. In conjunction with the funding, Jeff Ward from MedEquity and Chris Crawford from Relevance Ventures will each occupy a preferred seat on QLER Telehealth’s Board of Directors.
The company intends to use the funds to continue the national buildout of its dedicated group of employed psychiatrists who partner with regional health systems across the country, to expand its growth team and partner success infrastructure.
Led by Frank E. Johnson, President and CEO, Qler Telehealth allows healthcare systems to integrate real-time behavioral healthcare throughout their care processes via an on-demand partnership that makes psychiatric coverage simple and economical. Regional health systems can use Qler’s psychiatrists 24/7/365.