MDLIVE Garners $50,000,000 New Financing

Company Information

Company
MDLIVE

Website

http://www.mdlive.com

Location
13630 NW 8th St. Sunrise, FL 33325

Description
Founded in 2006, MDLIVE, formerly MDLiveCare, is a leading telehealth provider of online and on-demand healthcare delivery services and software that benefit patients, hospitals, employers, payers, physician practice groups and accountable care organizations.

Transaction Details

  • Date – 8/3/2018
  • Transaction Type – Venture Equity
  • Transaction Amount – $50,000,000
  • Transaction Round – Undisclosed
  • Acquire / Investor(s) – Health Velocity Capital
  • Acquire / Investor(s) – Cigna
  • Acquire / Investor(s) – HCSC Ventures
  • Acquire / Investor(s) – Novo Ventures
  • Acquire / Investor(s) – Industry Ventures