About Options MD
Options MD is a company based in Los Angeles (United States) founded in 2020 by Morgan Hewett and Kyle Pierce was acquired by Resiliencelab in October 2024. Options MD has raised $6.05 million across 2 funding rounds from investors including Resiliencelab, Techstars and Bread and Butter Ventures. Options MD offers products and services including Telehealth Platform, Therapy Sessions, and Medication Management. Options MD operates in a competitive market with competitors including Mindoula, Limbix, Woebot Health, PursueCare and Click Therapeutics, among others.
- Headquarter Los Angeles, United States
- Founders Morgan Hewett, Kyle Pierce
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Sectors
Healthcare
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Options Md, Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$6.05 M (USD)
in 2 rounds
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Latest Funding Round
$2.25 M (USD), Seed
Nov 17, 2023
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Investors
Resiliencelab
& 6 more
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Employee Count
Not available
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Acquired by
Resiliencelab
(Oct 08, 2024)
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Products & Services of Options MD
Options MD offers a comprehensive portfolio of products and services, including Telehealth Platform, Therapy Sessions, and Medication Management.
Virtual platform for depression consultations and treatment.
Evidence-based therapies for managing depression symptoms.
Prescription services for antidepressants and mood stabilizers.
People of Options MD
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Leadership Team
2 people
Medical Team
2 people
Software Development Team
2 people
Product Management Team
1 people
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Funding Insights of Options MD
Options MD has successfully raised a total of $6.05M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.25 million completed in November 2023. 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.
Investors in Options MD
Options MD has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Resiliencelab, Techstars and Bread and Butter Ventures.
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Micro venture capital investments are directed toward tech sectors.
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Multiple sectors are invested in by M13 venture capital fund.
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Bright Ventures is focused on early-stage venture investments.
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Investor details for Options MD
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Investments & Acquisitions by Options MD
Investment portfolio details for Options MD
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- Transaction dates
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Financial Statements - Options MD
Detailed financials for Options MD
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Options Md Comparisons
Peer comparison for Options MD
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- Headcount comparison
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Competitors of Options MD
Options MD 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 Mindoula, Limbix, Woebot Health, PursueCare and Click Therapeutics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Virtual care management for behavioral health is provided by Mindoula.
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VR-based exposure therapy for anxiety and phobias is provided.
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AI-powered chat-based mental wellness tools are developed.
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Addiction treatment is delivered via mobile app teleconsultations.
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Mobile apps for brain disorder treatments are provided.
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Digital therapeutics for mental and physical illnesses are provided online.
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Detailed competitors of Options MD
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Latest news on Options Md
Complete news archive for Options MD
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Frequently Asked Questions about Options MD
Options MD was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Options MD is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Morgan Hewett is the current CEO of Options MD. They have also founded this company.
Options MD is a funded company, having raised a total of $6.05M across 2 funding rounds to date.
Options MD was founded in 2020 in Los Angeles, United States, as a provider of software solutions focused on treatment-resistant depression within the healthcare sector. A telemedicine platform is offered, enabling healthcare professionals to access patient histories of depression, symptoms, lifestyle factors, overall health, and personal treatment preferences. Operations center on facilitating remote medication management and personalized care.
Options MD's top competitors include PursueCare, Click Therapeutics and Woebot Health.
Options MD offers Telehealth Platform, Therapy Sessions, and Medication Management.
Options MD has 7 investors. Key investors include Resiliencelab, Techstars, Bread and Butter Ventures, M13 Company, and Bright Ventures.