What is RubiconMD?
Founded in 2013 and headquartered in New York, New York, RubiconMD offers a comprehensive suite of primary care solutions designed to enhance patient care and operational efficiency. The company's core offerings include its eConsult platform, which facilitates seamless communication and collaboration among healthcare providers, and its Behavioral Health platform, addressing critical mental health needs within primary care settings. RubiconMD's strategic approach to integrating technology into primary care positions it as a key player in the evolving healthcare landscape, aiming to improve access and outcomes for patients nationwide.
How much funding has RubiconMD raised?
RubiconMD has raised a total of $161.3M across 4 funding rounds:
Unspecified
$1.3M
Series A
$4M
Series B
$138M
Series C
$18M
Unspecified (2014): $1.3M with participation from Waterline Ventures, Athenahealth, and Oxeon Investments
Series A (2016): $4M led by Waterline Ventures and Alma Mundi Fund
Series B (2018): $138M supported by HLM Venture Partners, Mundi Ventures, Centene Corporation, Blue Ivy Ventures, and Optum Ventures
Series C (2020): $18M featuring Heritage Provider Network Inc, Waterline Ventures, HLM Venture Partners, Deerfield Communications Inc, and Optum Ventures
Key Investors in RubiconMD
Waterline Ventures
Waterline Ventures is an investment firm focused on early growth technology and service-enabled technology companies within the healthcare sector. They aim to build lifetime relationships with entrepreneurs, providing efficient capital tailored to the needs of each venture.
Optum Ventures
Optum Ventures was created to make health care better for everyone. They invest in early-stage companies that are poised to disrupt the status quo.
HLM Venture Partners
A specialized healthcare investment firm that partners with innovative founders to build enduring companies in healthcare technology and services. The firm offers strategic guidance, deep industry expertise and growth capital to support visionary teams.
What's next for RubiconMD?
With the recent influx of major strategic investment, RubiconMD is poised for accelerated growth and market penetration. The company's focus on expanding its eConsult and Behavioral Health services suggests a strategic push towards broadening its service offerings and deepening its impact on primary care delivery. Future developments are likely to involve enhancing its technological infrastructure, expanding its provider network, and potentially exploring new market segments or therapeutic areas. This substantial backing indicates strong investor confidence in RubiconMD's business model and its potential to drive significant improvements in healthcare accessibility and quality.
See full RubiconMD company page
