About 1DocWay
1DocWay is a Healthcare company based in Philadelphia (United States) founded in 2011, and was acquired by Genoa in November 2015. Telepsychiatry services are delivered via online video appointments and scheduling. 1DocWay has raised $1.75 million across 4 funding rounds from investors including Genoa QoL, Texas Medical Center and Asset Management Ventures. The company was acqui-hired. Its focus areas include HealthTech, Healthcare IT, Provider and Telemedicine Solutions. Its competitors include SonderMind, AbleTo and Talkspace; 3 of its 3 listed competitors have raised funding.
Company details
1DocWay is a telepsychiatry network for hospitals and clinics to increase provider access. Rural, elderly, disabled and busy patients can schedule appointments online and see their doctor through videochat platform. Also has appointment scheduling and medical records system to be used by both patients and providers for help in consultation. 1DocWay claims to have treated over 11,000 patients in 8 states. It secured a Second place in Wharton Business Plan Competition and was awarded Wharton Venture Award and Wharton Snider Seed Award. Acquired by Genoa Healthcare on November 4, 2015
- Headquarters Philadelphia, United States
- Stage Acquired
- SectorsHealthcare
- Website 1docway.com
- Social LinkedIn X Facebook
- Acquired by Genoa (Nov 2015)
Funding Insights of 1DocWay
1DocWay has successfully raised a total of $1.75M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.7 million completed in July 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.75M
- Total Rounds 4
- Last Round Seed β $1.7M
- Investors Count 9
All 4 funding rounds of 1DocWay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2015 | $1.7M | Seed | β | β | |
| Jun 2015 | Seed | β | Meyer and Co | β | |
| Dec 2014 | $50,000 | Seed | β | β | |
| Aug 2011 | Seed | β | β |
10 investors in total: 10 institutional.
Investors in 1DocWay
1DocWay has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Genoa QoL, Texas Medical Center and Asset Management Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage US companies are invested in by Asset Management Ventures. | assetman.com | Palo Alto, United States | ||
Tech focused early-stage micro VC firm investing in the US | greatoaksvc.com | New York, United States | ||
Venture capital firm investing in AI and digital health startups based in San Francisco. | iseedvc.com | |||
Digital Health focused VC & Accelerator firm investing in the US | rockhealth.com | San Francisco, United States | ||
Early-stage tech-focused VC firm investing in geographies such as the US | waterlineventures.com | Cambridge, United States | ||
Growth-stage investments are targeted by this VC firm. | meyerandco.com | New York, United States | ||
Impact investments are targeted by VilCap Investments venture capital firm. | vilcapinvestments.com | San Francisco, United States | ||
Startup accelerator | dreamit.com | New York, United States | ||
Standalone multispecialty hospital | 1945 | texasmedicalcenter.org | Houston, United States | |
Nature-derived products for insect and parasite control are developed. | 2000 | genoa-qol.com | Tukwila, United States |
Investor details for 1DocWay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of 1DocWay
4 dated milestones of 1DocWay across 4 years, from founding to its latest funding, stage changes and deals.
- Founded 1DocWay is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $1.7M.
- Exit Acquired by Genoa.
Competitors of 1DocWay
1DocWay has 3 listed competitors in our database, 3 of them funded. They include SonderMind, AbleTo and Talkspace.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sondermind.com | 2014 | Denver, United States | $276.33M | 275 | Virtual telehealth services are provided to individuals and providers. | |
| ableto.com | 2008 | New York, United States | $108.75M | 1,125 | Offers a digital platform to connect people with licensed therapists and coaches | |
| talkspace.com | 2011 | New York, United States | $109M | Online counseling and therapies for mental health conditions are provided. |
Detailed competitors of 1DocWay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of 1DocWay
Websites that share an audience with 1DocWay (1docway.com).
Websites whose visitors overlap most with 1DocWay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fitorbit.com | 56% | View details | |||
| echannelling.com | 47% | 480.2K | #96,351 | View details |
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as 1DocWay (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Frequently Asked Questions about 1DocWay
1DocWay was founded in 2011.
1DocWay is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
1DocWay is a funded company, having raised a total of $1.75M across 4 funding rounds to date.
1DocWay is a telepsychiatry network for hospitals and clinics to increase provider access. Rural, elderly, disabled and busy patients can schedule appointments online and see their doctor through videochat platform. Also has appointment scheduling and medical records system to be used by both patients and providers for help in consultation. 1DocWay claims to have treated over 11,000 patients in 8 states. It secured a Second place in Wharton Business Plan Competition and was awarded Wharton Venture Award and Wharton Snider Seed Award. Acquired by Genoa Healthcare on November 4, 2015.
1DocWay's top competitors include Talkspace, SonderMind and AbleTo.
1DocWay has 10 investors. Key investors include Genoa QoL, Texas Medical Center, Asset Management Ventures, Great Oaks Venture Capital, and iSeed Ventures.
Yes. 1DocWay was acquired by Genoa in November 2015.
