evolvedMD Raises $14M in Series-A Prime Funding

evolvedMD

evolvedMD, a Scottsdale, AZ-based company which specializes in in delivering integrated collaborative care management (CoCM) services in primary care, raised $14M in Series-A funding.

The round was led by Conductive Ventures with participation from FCA Venture Partners of Nashville, Healthworx in Washington, D.C., and Boston-based Tectonic Ventures and Waterline Ventures.

The company intends to use the funds to scale its infrastructure and continue building the clinical delivery team. Along with expansion in Arizona and Utah, they recently launched in Colorado and will continue to expand across the Southwest. 

Launched in 2017 and co-founded by co-CEOs Steve Biljan and Erik Osland, evolvedMD is working for the integration of behavioral health services in modern primary care. Its model places behavioral health specialists onsite within a practice and offers an economically viable way to integrate behavioral health that drives improved patient outcomes. evolvedMD clinicians are embedded within primary care practices to provide accessible, high-quality services, reduce provider burnout, and improve patient outcomes.

The company is currently working with care partners in Arizona and Utah, such as Banner Health, BlueCross BlueShield of Arizona, HonorHealth, Optum, Integrated Medical Services (IMS), Foothill Family Clinic, Ogden Clinic, Granger Medical, and Premier Family Medical, and many others.

FinSMEs

22/06/2023