# Peer Medical

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

- Industry: Healthcare IT
- Headquarters: San Francisco, US
- Website: www.peermedical.com
- Total disclosed funding: $1.2M
- Latest round: Seed (Jan 1, 2020)
- Investors on record: 2

## About

Peer Medical, Inc. specializes in healthcare technology solutions that enhance communication between healthcare providers and patients, focusing on innovative digital platforms for improved patient engagement and medical collaboration.Peer Medical, Inc. is focused on delivering digital healthcare solutions that improve care coordination. Founded by Ed Spiegel, the company is based in San Francisco, US. In 2020, Peer Medical raised USD 1.2 mn in Seed funding led by Partners in Equity, with participation from Seedcamp. The company has completed one funding deal to date, aimed at expanding its innovative healthcare solutions.Peer Medical specializes in innovative healthcare solutions designed to enhance medical collaboration and patient engagement. The company's core product offerings focus on a digital platform that facilitates seamless communication between healthcare providers and patients, aiming to improve care coordination and treatment adherence. This platform addresses critical use cases such as remote monitoring, telehealth consultations, and personalized health management, thereby enhancing the quality of care delivered to patients. Peer Medical primarily serves healthcare professionals, hospitals, and clinics, ensuring that end-users, including patients, receive timely and effective medical support. The geographical markets for their products extend to North America and select regions in Europe, where demand for advanced healthcare technology is growing rapidly.Peer Medical generates revenue through a combination of subscription-based models and partnerships with healthcare institutions. The transaction structure typically involves healthcare providers paying a recurring fee for access to the platform, which may include various tiers based on the number of users or features utilized. The company’s flagship offerings include comprehensive packages that integrate telehealth and patient management solutions, tailored to meet the specific needs of healthcare organizations. Additionally, Peer Medical offers tiered pricing plans catering to different sizes of healthcare facilities, allowing for scalability and accessibility. This adaptable approach enables the company to foster long-term relationships with its clients while enhancing the overall value proposition of its services.In 2020, Peer Medical, Inc. raised USD 1.2 mn in Seed funding, which will be utilized to support the development of upcoming innovative products aimed at enhancing the functionality of their digital platform. The company plans to expand its market presence in North America and target new opportunities in select regions of Europe by the end of 2023. The recent funding round will facilitate these initiatives and support further advancements in their healthcare technology offerings.

## Funding rounds

- Seed, Jan 1, 2020, $1.2M — Seedcamp, Partners in Equity

## Investors

- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed
- Partners in Equity (https://capitalatlas.ai/funds/partners-in-equity) — Seed