About RingMD
RingMD is a company based in Boston (United States) founded in 2012.. RingMD has raised $500 thousand across 2 funding rounds from investors including Y Combinator and National Research Foundation. RingMD offers products and services including Telemedicine Platform. RingMD operates in a competitive market with competitors including Doctor Anywhere, MyHealthcare, MDsquare, Good Doctor and Medihere, among others.
- Headquarter Boston, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Ringmd India Private Limited
- Date of Incorporation 10 Jun, 2016
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$5.48 K (USD)0as on Mar 31, 2017
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Net Profit
$-86.28 K (USD)0as on Mar 31, 2017
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EBITDA
$-86.43 K (USD)0as on Mar 31, 2017
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Total Equity Funding
$500 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
Y Combinator
& 1 more
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Employee Count
Employee Count
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Products & Services of RingMD
RingMD offers a comprehensive portfolio of products and services, including Telemedicine Platform. 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.
Enables video calls, e-prescriptions, and secure deployment for remote healthcare
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Funding Insights of RingMD
RingMD has successfully raised a total of $500K across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(20 Dec 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Seed - RingMD | Valuation | Y Combinator |
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| Dec, 2013 | Amount | Seed - RingMD | Valuation | National Research Foundation |
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| 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 RingMD
RingMD has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Y Combinator and National Research Foundation. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Research and Development Department for the Singapore Government
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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 RingMD
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
Financial Statements - RingMD
| 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 |
Ringmd Comparisons
Competitors of RingMD
RingMD 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 Doctor Anywhere, MyHealthcare, MDsquare, Good Doctor and Medihere, 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 |
Online telemedicine consultations, prescriptions, and health packages are provided.
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| domain | founded_year | HQ Location |
Provider of comprehensive digital healthcare ecosystem
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| domain | founded_year | HQ Location |
Blockchain-based telemedicine solution for healthcare professionals
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| domain | founded_year | HQ Location |
Online doctor consultations are facilitated via a digital platform.
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| domain | founded_year | HQ Location |
Provider of an app for virtual primary care and tele-medicine
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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 Ringmd
Frequently Asked Questions about RingMD
When was RingMD founded?
RingMD was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is RingMD located?
RingMD is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is RingMD a funded company?
RingMD is a funded company, having raised a total of $500K across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Dec 20, 2013.
What is the annual revenue of RingMD?
Annual revenue of RingMD is $5.48K as on Mar 31, 2017.
What does RingMD do?
RingMD was founded in 2012 and is based in Boston, United States. An online marketplace is maintained for healthcare teleconsultations, connecting patients with medical experts across various fields. Phone-based consultations are booked by patients, who receive e-prescriptions upon completion. Profiles are created by doctors, including consultancy rates, with onboarding handled according to client needs in the telehealth sector.
Who are the top competitors of RingMD?
RingMD's top competitors include Doctor Anywhere, MyHealthcare and MDsquare.
What products or services does RingMD offer?
RingMD offers Telemedicine Platform.
Who are RingMD's investors?
RingMD has 2 investors. Key investors include Y Combinator, and National Research Foundation.