$50M Series B Funding
On June 17, 2015 Doctor on Demand announced that they have received $50M in Series B funding. The company will use the funds to continue the rapid expansion of its top rated video telemedicine service, which addresses two massive problems in health care: skyrocketing costs and increasingly limited access to high quality physicians and psychologists. Doctor On Demand’s top-rated service and unique business model is changing the telemedicine space, an industry projected to grow to $4.5B by 2018.
About Doctor on Demand
Doctor On Demand is a healthcare service that provides Video Visits with board-certified physicians via smartphones, tablets, and desktop computers. Patients simply download the Doctor On Demand app on a smartphone or tablet or visit www.doctorondemand.com on their desktop computer, provide a list of their symptoms, and are instantly connected to a doctor licensed in their state for a video visit. Doctor On Demand delivers services through employers, health systems, health plans, and direct to consumers. Entrepreneurs Adam Jackson and Jay McGraw founded the company in 2013 to improve fast, easy, and cost-effective access to high quality medical care.
You can find more information on Doctor On Demand’s funding on BusinessWire.