About MD Live
MD Live is a company based in Sunrise (United States) founded in 2009 was acquired by Evernorth in February 2021.. MD Live has raised $173.6 million across 5 funding rounds from investors including Sutter Health, Health Care Service Corporation and Sentara. MD Live has completed 1 acquisition, including Breakthrough. MD Live offers products and services including Urgent Care Service, Mental Health Appointments, Primary Care Service, and Dermatology Service. MD Live operates in a competitive market with competitors including Amwell, Ro, One Medical, HealthTap and K Health, among others.
- Headquarter Sunrise, United States
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Sectors
TechnologyHealthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mdlive Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$173.6 M (USD)
in 5 rounds
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Latest Funding Round
$25 M (USD), Debt – Conventional
Sep 14, 2020
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Investors
Sutter Health
& 12 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Evernorth
(Feb 26, 2021)
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Products & Services of MD Live
MD Live offers a comprehensive portfolio of products and services, including Urgent Care Service, Mental Health Appointments, Primary Care Service, and Dermatology Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Virtual platform for treating common non-emergency conditions
Online sessions with therapists for anxiety and stress management
Virtual consultations for routine health screenings and conditions
Online evaluations for skin, hair, and nail issues
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Product Management Team
18 people
Leadership Team
14 people
Software Development Team
13 people
Senior Team
6 people
Sales and Marketing
5 people
Creative and Marketing Team
4 people
Legal and Compliance
4 people
Operations Team
4 people
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Funding Insights of MD Live
MD Live has successfully raised a total of $173.6M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $25 million completed in September 2020. 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 Total Funding
- Total Rounds 5
- Last Round Debt – Conventional — $25.0M
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First Round
First Round
(22 Jan 2014)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Series D - MD Live | Valuation | Cigna Ventures , Health Care Service Corporation | |
| Sep, 2020 | Amount | Debt – Conventional - MD Live | Valuation |
investors |
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| Aug, 2018 | Amount | Series C - MD Live | Valuation | Health Velocity Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MD Live
MD Live has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Sutter Health, Health Care Service Corporation and Sentara. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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VC firm focused on the healthcare industry
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Founded Year | Domain | Location | |
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Private equity and venture capital fund focused on the healthcare sector
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Founded Year | Domain | Location | |
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A family-owned business managing diverse industrial and environmental companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MD Live
MD Live has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Breakthrough. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online mental health therapy marketplace
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MD Live
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Md Live Comparisons
Competitors of MD Live
MD Live operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Amwell, Ro, One Medical, HealthTap and K Health, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Telehealth solutions are provided for doctors and patients' consultations.
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| domain | founded_year | HQ Location |
Digital health services for men's wellness are offered by Ro.
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| domain | founded_year | HQ Location |
Membership-based primary care platform is offered for employees and consumers.
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| domain | founded_year | HQ Location |
Tech-enabled Q&A and video consultation platform for patients and doctors
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| domain | founded_year | HQ Location |
Access to clinicians is facilitated by an AI-based healthcare platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Md Live
Frequently Asked Questions about MD Live
When was MD Live founded?
MD Live was founded in 2009 and raised its 1st funding round 5 years after it was founded.
Where is MD Live located?
MD Live is headquartered in Sunrise, United States. It is registered at Sunrise, Florida, United States.
Is MD Live a funded company?
MD Live is a funded company, having raised a total of $173.6M across 5 funding rounds to date. The company's 1st funding round was a Series C of $50M, raised on Jan 22, 2014.
What does MD Live do?
Founded in 2009 and based in Sunrise, United States, MD Live operates in the telehealth sector. Secure consultations with doctors and therapists are provided around the clock through a cloud platform that supports voice, video, email, and mobile access. The service is utilized by individuals, healthcare providers, plans, and employers, particularly those offering MDLIVE benefits to eligible users for collaborative medical interactions.
Who are the top competitors of MD Live?
MD Live's top competitors include One Medical, Amwell and Ro.
What products or services does MD Live offer?
MD Live offers Urgent Care Service, Mental Health Appointments, Primary Care Service, and Dermatology Service.
How many acquisitions has MD Live made?
MD Live has made 1 acquisition, including Breakthrough.
Who are MD Live's investors?
MD Live has 13 investors. Key investors include Sutter Health, Health Care Service Corporation, Sentara, Cigna Ventures, and Novo Holdings.
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