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SteadyMD Telehealth generates $6M to accentuate telehealth platform

SteadyMD Telehealth generates $6M to accentuate telehealth platform
  • The telehealth startup targets expansion of healthcare technology and services with growing needs for virtual care.
  • This initiative would bring together various individuals and health professionals under one roof to meet medical needs of people.

Outbreak of epidemic and diseases, like coronavirus, has urged various companies to put forth technological innovations and novel products that in any way might support in the abolishment of these pandemics. On these grounds, St. Louis telehealth startup, SteadyMD Telehealth has raised over USD 6 million in Series A Funding round, to bring about a revolution in the telehealth platform worldwide.

The investment drives telehealth leader’s advancement of innovative technology platform and online services for constant care with professional via various tele platforms. This drastic step taken by the company is estimated to expand the technology and services to match personal online health professionals with people. The company members find this a right fit to establish long-term healthcare associations through text, video, and phone.

According to reliable reports, the Series A Funding round was co-led by Next Ventures and Pelion Venture Partners with contribution from First Trust Capital Partners, Crosscut Ventures, The Daube Family office, and others. Further, it has been claimed that these finance partners are anticipated to join the SteadyMD Board of Directors.

Board certified doctors at SteadyMD deliver primary care to its members through employers and partners. Additionally, while establishing robust relationship with a doctor, every SteadyMD member is offered access to a team of medical assistants, who assist them with prescriptions, medical record management, lab orders, referrals to experts, and cost guidance.

Commenting on the matter, Dr. Phelan, associated with SteadyMD stated that the next funding round will provide a testament to the fact that SteadyMD is a leader in system level change to offer human care to people. Besides, it is expected to empower doctors worldwide in doing what they excel into.

Meanwhile, Guy Friedman, the CEO and co-founder of SteadyMD cited that the company is on a mission to deliver a dedicated relationship between a member and doctor for anyone who wants access to care, worldwide.

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Shreshtha Dhatrak

Despite having completed her Post Graduate degree in Digital Marketing, Shreshtha always nurtured an innate passion for writing. Currently, she works as a content writer for and similar other portals, where she pens down news articles spanning the fields of business, finance, and technology. Her other interests include reading and travelling.

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