It’s important to build a trusting relationship with your primary care physician, and telehealth startup SteadyMD wants to prove you can build that relationship regardless of where you live in the country.
Based in St. Louis and Westlake Village, SteadyMD assigns its patients a dedicated doctor who gets to know their personal needs. The doctor then builds a long-term relationship with their patients despite the fact that all of their interactions are online via messaging, voice or video chat.
The company also limits the amount of patients each doctor is assigned, giving patients more time for individualized care.
Now, SteadyMD has announced it raised $6 million in Series A funding to double down on this business strategy. The company plans to use this new funding to develop more features for its tech platform.
Its platform currently allows doctors and patients to do things like match based on health goals or communicate via the member app. It also allows healthcare providers to manage hundreds of patient and doctor pairs.
Telehealth is gaining momentum as an approach to personal healthcare, especially during the COVID-19 pandemic.
“The coronavirus has shown the importance of a solid primary care foundation with a doctor who knows their patient’s history and is familiar with their lifestyle and conditions,” Guy Friedman, the company’s CEO and co-founder, said in a statement. “SteadyMD is on a mission to provide a dedicated relationship between a member and physician for anyone who wants access to care, anywhere in the world.”
Pelion Venture Partners and Next Ventures co-led SteadyMD’s Series A. With the investment, Dr. Darren Phelan joins the company’s board of directors.
