# 5 Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/5-health

- Industry: Software
- Headquarters: Anaheim, US
- Website: www.botmd.io
- Total disclosed funding: $6.6M
- Latest round: Series A (Feb 3, 2021)
- Investors on record: 6

## About

5 Health Inc., also known as Bot MD, is a US-based company that leverages artificial intelligence to enhance patient engagement and streamline healthcare workflows, improving the way medical staff and patients communicate.Founded in 2018 in Anaheim, US, 5 Health Inc. specializes in AI-driven solutions for healthcare. The company has been involved in two funding deals, most recently raising USD 5 mn in Series A funding on February 3, 2021, led by Monk's Hill Ventures alongside other investors such as SGInnovate and SeaX Ventures. The firm was co-founded by Dorothea K and Yanchuan Sim, with Dorothea K serving as the CEO.Bot MD offers an AI-powered patient engagement platform designed to enhance healthcare workflows and improve communication between medical staff and patients. Their core products include Bot MD Care, which automates tasks such as appointment scheduling, reminders, patient registration, and education via popular messaging platforms like WhatsApp, Viber, and LINE. Additionally, the Bot MD Hospital product provides healthcare professionals with streamlined access to hospital information systems through a single chat interface, enabling quick responses to inquiries regarding clinical guidelines and call rosters. Their services target hospitals, private clinics, and pharmaceutical companies aiming to improve patient outcomes and operational efficiency across North America, Europe, and parts of Asia.Bot MD generates revenue through a subscription-based model, allowing healthcare institutions to access its various products such as Bot MD Care and Bot MD Hospital. These subscriptions involve tiered pricing plans based on the size of the institution and scale of services utilized, such as automated patient follow-ups and real-time communications. Revenue transactions occur directly between Bot MD and healthcare providers, creating a stable income stream as institutions typically opt for annual or multi-year contracts to enhance patient engagement solutions.In February 2021, 5 Health Inc. secured USD 5 mn in Series A funding, with plans to expand its design and engineering teams to develop new clinical applications and integrations for its platform. The company is targeting specific markets for expansion, focusing on enhancing its presence in North America, Europe, and parts of Asia. The recent funding will support these growth initiatives as the company aims to build out its capabilities and product offerings.

## Funding rounds

- Series A, Feb 3, 2021, $5M — Monk's Hill Ventures, SGInnovate, SeaX Ventures, XA Network
- Seed, Aug 7, 2018, $1.6M — Floodgate, Y Combinator, Monk's Hill Ventures, SeaX Ventures

## Investors

- Floodgate (https://capitalatlas.ai/funds/floodgate) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Monk's Hill Ventures (https://capitalatlas.ai/funds/monk-s-hill-ventures) — Seed, Series A
- SeaX Ventures (https://capitalatlas.ai/funds/seax-ventures) — Seed, Series A
- SGInnovate (https://capitalatlas.ai/funds/sginnovate) — Series A
- XA Network (https://capitalatlas.ai/funds/xa-network) — Series A