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MDLIVE Announces $50 Million Crossover Equity Investment from Sixth Street Growth

Sep 14, 2020•about 5 years ago

Amount Raised

$50 Million

Chicago And Miramar

Description

 MDLIVE Inc., one of the three largest and fastest growing telehealth companies in the U.S. offering virtual healthcare services in all 50 states, today announced the closing of a $50 million crossover equity investment from Sixth Street Growth, the growth investing arm of Sixth Street, a leading global investment firm. The $50 million funding will be used primarily for the ongoing strategic expansion of MDLIVE's comprehensive, technology-enabled, and disruptive Virtual Primary Care digital health platform. Additionally, it will be used for the launch of supporting products and services that provide the company's more than 45 million members with convenient access to high quality, cost-effective, contagion-free Total Care

Company Information

Company

Mdlive

Location

Chicago And Miramar, Illinois, United States

About

MDLIVE offers convenient, affordable and contagion-free virtual healthcare services to more than 45 million members nationwide. Our network of board-certified physicians, dermatologists, psychiatrists and therapists are specially trained in virtual care and are committed to the highest quality treatment and the best possible patient experience.  We leverage disruptive technology and artificial intelligence to simplify and streamline, connecting providers and patients whenever and wherever it's most convenient, often within just minutes.  To learn more about our expanding product suite and our partnerships with major health plans, hospital systems and employers, visit www.MDLIVE.com, download our app, or text "Sophie" to MDLIVE (635483) to register.

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