# Alpha Medical Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alpha-medical-group

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.helloalpha.com
- Total disclosed funding: $35M
- Latest round: Series B (Sep 21, 2021)
- Investors on record: 7

## About

Based in California, US, and founded in 2016, Alpha Medical Group, Inc. operates as a telemedicine company that provides a digital health platform for women's health conditions. The company has 30 staff primary care providers as of September 2021 and was co-founded by Mary Jacobson and Gloria Lau. In September 2021, Alpha Medical Group raised USD 24 million in Series B funding from AV8 Ventures, SpringRock Ventures, FMZ Ventures, and GSR Ventures.

The company provides a mobile application that allows patients to book appointments and connect with doctors and clinicians. Alpha Medical Group also provides an online e-commerce platform that sells skincare products, pregnancy test kits, sleeping pills, and accessories like face masks. The company offers healthcare services such as mental and behavioral health, women’s health, nutrition and weight loss, and dermatology.

The company generates revenue by charging subscription fees which start at no annual fee for a single visit, USD 15 or USD 30 for provider visits, USD 120 for annual membership and 20% off Alpha shop, and USD 150 per annum for mental health services.

The company plans to use its Series B funding raised in September 2021 to expand women's telehealth and direct to consumer services to B2B services, manage more health conditions like PCOS, continue its growth, and make its service more accessible.

## Funding rounds

- Series B, Sep 21, 2021, $24M — GSR Ventures, SpringRock Ventures, Samsung NEXT Ventures, AV8 Ventures, FMZ Ventures, Outcomes Collective, Chamaeleon
- Series A, Sep 24, 2019, $11M — GSR Ventures

## Investors

- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Series A, Series B
- SpringRock Ventures (https://capitalatlas.ai/funds/springrock-ventures) — Series B
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series B
- AV8 Ventures (https://capitalatlas.ai/funds/av8-ventures) — Series B
- FMZ Ventures (https://capitalatlas.ai/funds/fmz-ventures) — Series B
- Outcomes Collective (https://capitalatlas.ai/funds/outcomes-collective) — Series B
- Chamaeleon (https://capitalatlas.ai/funds/chamaeleon) — Series B