OnCall Health, a virtual care software to healthcare providers, has raised $6 million in a Series A funding round.
With this round, the company has now raised over $8 million to date.
Base10 Partners, a San Francisco-based early-stage venture firm, led the round with participation from existing investors, including Ripple Ventures, Panache Ventures, and Stout Street Capital.
OnCall Health plans to use the new funds to support its continued expansion with new and existing customers across North America, build out its available integrations and developer tools, and grow its partnerships with payers and complementary software vendors.
According to the company, its software enables large healthcare organizations and provider networks to rapidly deploy their own branded virtual care solution on all devices, with no setup cost. It integrates with electronic medical records systems and customer relationship management solutions and offers a public API for custom integrations.
The software system also includes a real-time analytics dashboard that provides unique insights into virtual care utilization, point-of-care decision making, and outcomes.
“COVID-19 has massively accelerated the pace of virtual care adoption, and reinforced the need for every healthcare clinic, system, and brand to have a virtual care strategy,” said Nicholas Chepesiuk, founder and CEO of OnCall Health.
Nicholas Chepesiuk added: “OnCall provides everything that healthcare brands like pharmaceutical companies, insurers, and direct to consumer digital health startups need to get into the space and launch their own virtual care programs, often for the first time. Our vision is to provide a Shopify-like experience to enable any organization to streamline and successfully deliver virtual care.”
More than 600 healthcare organizations use the software to coordinate and monetize their virtual care programs effectively, according to the company. Customers include mental health, disability management, and addiction, as well as pharmaceutical and insurance companies.
Telehealth companies raised almost $2 billion in the first half of 2020, according to the Mercom latest report. More recently, telehealth company MDLIVE announced a $50 million equity investment round from Sixth Street Growth, the growth investing arm of Sixth Street, an investment firm.
Image Credit: OnCall Health
