What is evolvedMD?
Founded in 2017, evolvedMD is a pioneering force in the integration of behavioral health services within modern primary care environments. The company distinguishes itself through a unique, upfront, and ongoing model that embeds behavioral health specialists directly onsite at medical practices. This approach is designed to create a seamless patient experience, ensuring that mental health support is not an afterthought but a core component of primary care. By bridging the gap between physical and mental health, evolvedMD provides an economically sustainable framework that empowers providers to deliver comprehensive care, ultimately driving superior patient outcomes and operational efficiency for healthcare organizations.
How much funding has evolvedMD raised?
evolvedMD has raised a total of $83M across 6 funding rounds:
Debt
$150K
Debt
$279K
Series A
$5.4M
Series A
$14M
Series B
$34M
Stock/Share Issuance
$29.2M
Debt (2020): $150K with participation from PPP
Debt (2021): $279K led by PPP
Series A (2022): $5.4M supported by Waterline Ventures and Conductive Ventures
Series A (2023): $14M featuring Healthworx, Conductive Ventures, FCA Venture Partners, Tectonic Ventures, and Waterline Ventures
Series B (2025): $34M backed by FCA Venture Partners, Goldman Sachs, Healthworx, Tectonic Ventures, Waterline Ventures, and Conductive Ventures
Stock/Share Issuance (2025): $29.2M, investors not publicly disclosed
Key Investors in evolvedMD
Waterline Ventures
Waterline Ventures is an investment firm focused on early growth technology and service-enabled technology companies within the healthcare sector, emphasizing a singular focus on healthcare innovation.
Conductive Ventures
Conductive Ventures is a venture capital firm focused on backing unconventional founders who are building transformative technology companies at the Series A and B stages.
FCA Venture Partners
FCA Venture Partners is an investment firm focused on transforming healthcare by backing companies that enhance patient care, empower providers, and reduce costs.
What's next for evolvedMD?
With the successful closure of its latest financing, evolvedMD is poised to scale its footprint across the healthcare ecosystem. The strategic focus will likely shift toward enhancing its proprietary integration technology and expanding its network of partner practices. By leveraging the expertise of its institutional backers, the company aims to solidify its position as a leader in the behavioral health integration space. Future initiatives will likely include the deployment of advanced analytics to further optimize patient care pathways and the continued recruitment of specialized talent to support its rapid growth. As the industry moves toward value-based care models, evolvedMD's ability to demonstrate measurable improvements in patient health will be a key driver of its long-term success and market influence.
See full evolvedMD company page
