Telehealth start-up EVisit raises first $1m in seed funding
August 11, 2015
Arizona-based start-up EVisit, a physician-first telehealth software company, has successfully filled its $1m seed round of fundraising in under seven months. Its telehealth systems lets healthcare providers treat their patients remotely via an online, secure, video chat platform.
The company has grown to 13 employees in the past six months and was recently named a finalist in the Arizona Innovation Challenge.
“How quickly we were able to attract capital says a lot about how our team has executed on the vision of EVisit,” says Bret Larsen, co-founder and CEO. “I’ve consulted and been a part of many other start-ups. Being able to attract $1m in funding in seven short months is an incredible testament to our team and product.”
Combining the expertise from leaders in the technology, medical and business fields, the platform is said to take the best of user-design from the technology field and combine it with first-hand knowledge of physicians’ workflows.
“One of the reasons I think we were able to complete our funding round so quickly was the interest we were seeing from doctors,” said EVisit co-founder Glen McCracken. “Many people within and outside the healthcare field realise we need to change something to make care delivery simpler for both providers and patients. We’re offering a solution that does just that, while reinforcing the doctor-patient relationship.”
Key investors include: Alan Ram, founder of Alan Ram’s Proactive Training Solutions; Chris Reap, investor at Northstar Capital; and Sam Blackham, an SaaS advisor and investor.
“I saw EVisit’s strength the first time I met the team and saw the technology perform flawlessly,” said Ram. “The EVisit team has not only created a no-brainer solution for medical professionals, but the patients they serve. This is telemedicine taken to a whole new level.”
The company plans to use funding from their seed round to continue to enhance its telemedicine platform, as well as ramp up sales and marketing efforts.
“As a physician-first company, our software is designed by physicians, for physicians,” said Teresa Iafolla, EVisit’s director of content marketing. “Our telemedicine platform is intuitive, requires minimal training, and is the only solution that facilitates telemedicine reimbursement for providers from third party payers. With EVisit, physicians optimise patient flow and boost practice revenue, and patients receive high-quality care while at work, home, or on the road, from the doctor that knows them best.”