# Forefront TeleCare

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/forefront-telecare

- Industry: Healthcare
- Headquarters: US
- Website: www.forefronttelecare.com
- Total disclosed funding: $15M
- Latest round: Series A (Apr 23, 2019)
- Investors on record: 4

## About

Forefront TeleCare, Inc. is a U.S.-based company specializing in virtual behavioral health services, offering a comprehensive suite of telemedicine solutions to enhance mental health care access and delivery.Founded in 2003, Forefront TeleCare, Inc. focuses on providing telehealth solutions for behavioral health. In September 2022, it was acquired by Access TeleCare, Inc. from several investors including Spring Lake Equity Partners. The financial terms of the acquisition were not disclosed. Phil Knudsen founded the company, and Rob Rebak currently serves as the CEO. The company has successfully completed 6 deals to date, with its most recent funding round being a Series A, raising USD 15.00 mn. Forefront TeleCare has a current valuation of USD 40.25 mn.Forefront TeleCare specializes in delivering comprehensive virtual behavioral health services through a range of telemedicine solutions. Its core offerings include 24/7 psychiatric coverage, behavioral health consultations for emergency departments, psychiatric inpatient care, and outpatient medication management and therapy. This integrated approach assists health systems in effectively managing the behavioral health requirements of patients across various settings, including acute and post-acute care. The company serves a diverse clientele, primarily hospitals, health systems, and outpatient facilities throughout the United States.Forefront TeleCare’s revenue structure relies on partnerships with healthcare systems utilizing its telemedicine services to enhance their behavioral health offerings. Transactions are conducted through contractual agreements, where hospitals and health systems engage Forefront TeleCare for continuous psychiatric coverage and telehealth consultations. Its flagship offerings include the Telemed IQ platform and a HITRUST-certified telemedicine cart. The pricing model is designed to be flexible, catering to the specific operational needs of each healthcare partner, thus ensuring effective delivery of behavioral health services.Following its acquisition by Access TeleCare in September 2022, Forefront TeleCare aims to enhance its behavioral health service offerings and improve its network capabilities. The acquisition is expected to accelerate clinical capabilities in the market. The company is focusing on expanding its services into new geographic regions and markets, although specific details on targeted areas and timelines have not been disclosed. The recent funding from the Series A round will support these initiatives and assist in scaling operations.

## Funding rounds

- Series A, Apr 23, 2019 — Boston Millennia Partners, Tech Council Ventures
- Series A, Dec 27, 2018, $15M — Spring Lake Equity Partners, Ziegler

## Investors

- Spring Lake Equity Partners (https://capitalatlas.ai/funds/spring-lake-equity-partners) — Series A
- Ziegler (https://capitalatlas.ai/funds/ziegler) — Series A
- Boston Millennia Partners (https://capitalatlas.ai/funds/boston-millennia-partners) — Series A
- Tech Council Ventures (https://capitalatlas.ai/funds/tech-council-ventures) — Series A