About VillageMD
VillageMD is a company based in Deerfield (United States) founded in 2013 was acquired by Walgreens in October 2021.. VillageMD has raised $1.24 billion across 4 funding rounds from investors including Walgreens, Walgreens Boots Alliance and Kinnevik. The company has 3,107 employees as of December 31, 2021. VillageMD has completed 12 acquisitions, including Bandera Family Medical Group, Dallas Internal Medicine Specialists and Family and Internal Medicine Associates. VillageMD offers products and services including Care Platform and Appointment System. VillageMD operates in a competitive market with competitors including Privia Health, Recuro Health, Doctor Care Anywhere, Littl and Quality Practice, among others.
- Headquarter Deerfield, United States
- Employees 3107 as on 31 Dec, 2021
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Village Practice Management Company
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.24 B (USD)
in 4 rounds
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Latest Funding Round
$1.02 B (USD), Series C
Jun 08, 2020
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Investors
Walgreens
& 6 more
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Employee Count
3107
as on Dec 31, 2021
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Investments & Acquisitions
Bandera Family Medical Group
& 11 more
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Acquired by
Walgreens
(Oct 14, 2021)
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Products & Services of VillageMD
VillageMD offers a comprehensive portfolio of products and services, including Care Platform and Appointment System. 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.
Platform for value-based primary care and patient support.
System for booking and managing medical appointments.
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Funding Insights of VillageMD
VillageMD has successfully raised a total of $1.24B across 4 strategic funding rounds. The most recent funding activity was a Series C round of $1.02 billion completed in June 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 4
- Last Round Series C — $1.0B
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First Round
First Round
(17 Sep 2015)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Series C - VillageMD | Valuation | Walgreens Boots Alliance | |
| Sep, 2019 | Amount | Series B - VillageMD | Valuation | Kinnevik | |
| Jan, 2018 | Amount | Series B - VillageMD | Valuation | Athyrium Capital Management |
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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 VillageMD
VillageMD has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Walgreens, Walgreens Boots Alliance and Kinnevik. 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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Venture capital investments are directed toward multiple sectors by Kinnevik.
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Founded Year | Domain | Location | |
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Private markets investment management with strategies in equity, credit, and secondary investments.
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Founded Year | Domain | Location | |
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Healthcare challenges are addressed through strategic investments by Town Hall Ventures.
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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 VillageMD
VillageMD has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Bandera Family Medical Group, Dallas Internal Medicine Specialists and Family and Internal Medicine Associates. 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
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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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Standalone general clinic
|
2018 | ||||
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A chain of general clinics is operated in Arizona.
|
2017 | ||||
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Association focused on clinical research and diabetes education services
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2016 |
| 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
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - VillageMD
| 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 |
Villagemd Comparisons
Competitors of VillageMD
VillageMD 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 Privia Health, Recuro Health, Doctor Care Anywhere, Littl and Quality Practice, 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 |
Cloud-based PHM platform and physician quality network are provided.
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| domain | founded_year | HQ Location |
Provider of a suite primary care platform for providers
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| domain | founded_year | HQ Location |
Online video consultations with UK doctors are facilitated for patients.
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| domain | founded_year | HQ Location |
Primary care platform for baby and postpartum queries is provided.
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| domain | founded_year | HQ Location |
A network of general practices enhanced by a social networking 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 Villagemd
Frequently Asked Questions about VillageMD
When was VillageMD founded?
VillageMD was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is VillageMD located?
VillageMD is headquartered in Deerfield, United States.
Is VillageMD a funded company?
VillageMD is a funded company, having raised a total of $1.24B across 4 funding rounds to date. The company's 1st funding round was a Series B of $80M, raised on Sep 17, 2015.
How many employees does VillageMD have?
As of Dec 31, 2021, the latest employee count at VillageMD is 3,107.
What does VillageMD do?
VillageMD was founded in 2013 in Deerfield, United States, within the healthcare sector. A platform is operated to deliver value-based primary care management tools for providers. Clinical analytics and customized practice dashboards are utilized to support data-driven decisions. Care coordination is facilitated for patients through in-clinic services, virtual visits, and remote monitoring across various settings.
Who are the top competitors of VillageMD?
VillageMD's top competitors include Privia Health, Recuro Health and Doctor Care Anywhere.
What products or services does VillageMD offer?
VillageMD offers Care Platform and Appointment System.
How many acquisitions has VillageMD made?
VillageMD has made 12 acquisitions, including Bandera Family Medical Group, Dallas Internal Medicine Specialists, and Family and Internal Medicine Associates.
Who are VillageMD's investors?
VillageMD has 7 investors. Key investors include Walgreens, Walgreens Boots Alliance, Kinnevik, Adams Street Partners, and Town Hall Ventures.