RubiconMD
Latest round
- Series C
Last raised
- Mar 2020
Total raised
- $36M
Investors
- 9
About RubiconMD
Founded in 2013, RubiconMD operates a virtual specialty care platform that connects primary care providers with board-certified specialists across over 140 specialties. The company is headquartered in New York, US. The founding team includes Carlos Reines and Gil Addo, with Gil Addo serving as CEO. In October 2021, RubiconMD was acquired by Oak Street Health, LLC for USD 130 million, with an additional USD 60 million contingent on performance.RubiconMD operates a comprehensive virtual specialty care platform that enhances the workflow of primary care providers through the integration of specialty consultations. At its core, the platform facilitates eConsults, enabling primary care clinicians to connect efficiently with board-certified specialists across over 140 specialties and sub-specialties. The platform addresses critical challenges in healthcare access by streamlining the referral process and reducing wait times for patients seeking specialized care.RubiconMD generates revenue through a subscription-based model, where healthcare organizations pay for access to the eConsult platform and its associated services. Clients typically engage in annual subscriptions that allow their healthcare teams to submit a specified number of eConsults per month, facilitating seamless communication with specialists. The pricing structure accommodates various client needs, with organizations often procuring multiple licenses. Revenue may also be supplemented through partnerships with health plans, promoting value-based care initiatives and cost-effective specialty care solutions for patients.Following its acquisition by Oak Street Health, Inc. in October 2021, RubiconMD plans to leverage its resources to scale operations across current and future markets. The acquisition aims to improve access and coordination for patients, aligning with Oak Street Health's strategy. Future initiatives will include the design and launch of new products, although specific release dates are not yet detailed.
Who invested in RubiconMD
9 investors across 3 rounds
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Questions about RubiconMD
Who invested in RubiconMD?
RubiconMD has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has RubiconMD raised?
RubiconMD has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did RubiconMD last raise money?
RubiconMD's most recent round on record is a Series C, in Mar 2020.
What does RubiconMD do?
Founded in 2013, RubiconMD operates a virtual specialty care platform that connects primary care providers with board-certified specialists across over 140 specialties.
Where is RubiconMD headquartered?
RubiconMD is headquartered in New York, US.
Which VCs invest in companies like RubiconMD?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at RubiconMD's stage. Their profiles are linked below.
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