SnapMD

Glendale, United States Founded: 2013 • Age: 13 yrs Acquired By Virtrial
Cloud-based telemedicine platform for provider consultations is provided.
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About SnapMD

SnapMD is a company based in Glendale (United States) founded in 2013 was acquired by Virtrial in December 2019.. SnapMD has raised $20.66 million across 7 funding rounds from investors including TYLT Ventures, Virtrial and J.F. Shea Co. SnapMD operates in a competitive market with competitors including Ro, Amwell, HealthTap, MD Live and Plushcare, among others.

  • Headquarter Glendale, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $20.66 M (USD)

    in 7 rounds

  • Latest Funding Round
    $7.1 M (USD), Series B

    Sep 18, 2018

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Virtrial

    (Dec 12, 2019)

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Funding Insights of SnapMD

SnapMD has successfully raised a total of $20.66M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $7.1 million completed in September 2018. 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 Rounds 7
  • Last Round Series B — $7.1M
  • First Round

    (28 Mar 2013)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2018 Amount Series B - SnapMD Valuation

investors

Apr, 2018 Amount Series A - SnapMD Valuation

investors

Jun, 2017 Amount Series A - SnapMD Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in SnapMD

SnapMD has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include TYLT Ventures, Virtrial and J.F. Shea Co. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are made in US tech companies by TYLT Ventures.
Founded Year Domain Location
Infrastructure development services are provided by J.F. Shea Co.
Founded Year Domain Location
Provides wealth management, investments, trust services, and family office support.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by SnapMD

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - SnapMD

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Snapmd Comparisons

Employees
+
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Competitors of SnapMD

SnapMD 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 Ro, Amwell, HealthTap, MD Live and Plushcare, 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
Digital health services for men's wellness are offered by Ro.
domain founded_year HQ Location
Telehealth solutions are provided for doctors and patients' consultations.
domain founded_year HQ Location
Tech-enabled Q&A and video consultation platform for patients and doctors
domain founded_year HQ Location
Cloud-based telemedicine consultations are offered 24/7 to patients nationwide.
domain founded_year HQ Location
Primary healthcare is delivered through telemedicine services.
domain founded_year HQ Location
Virtual consultations with physicians are provided through a telemedicine platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Snapmd

Frequently Asked Questions about SnapMD

When was SnapMD founded?

SnapMD was founded in 2013.

Where is SnapMD located?

SnapMD is headquartered in Glendale, United States. It is registered at Glendale, California, United States.

Is SnapMD a funded company?

SnapMD is a funded company, having raised a total of $20.66M across 7 funding rounds to date. The company's 1st funding round was a Series A of $1.21M, raised on Mar 28, 2013.

What does SnapMD do?

SnapMD was founded in 2013 in Glendale, United States, within the healthcare sector. A cloud-based platform is operated to enable physician-to-physician consultations through HIPAA-compliant video, audio, and messaging features. Access is supported on smartphones, tablets, laptops, and other internet-enabled devices, with no additional hardware needed. The service is licensed exclusively to healthcare providers via a SaaS model.

Who are the top competitors of SnapMD?

SnapMD's top competitors include Amwell, Ro and MD Live.

Who are SnapMD's investors?

SnapMD has 4 investors. Key investors include TYLT Ventures, Virtrial, J.F. Shea Co, and Whittier Trust Company.

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