How Much Did myMTMcare Raise?
Funding & Key Investors

myMTMcare has secured $299K in total capital, with its most recent financing round yielding $149K. This significant strategic investment underscores the company's established position in the healthcare technology sector, particularly in medication therapy management for health plans.

What is myMTMcare?

myMTMcare
Hospitals & Physicians ClinicsMedical Practice ManagementHealthcare Services

myMTMcare specializes in custom-tailored medication therapy management (MTM) programs designed for small to midsize health plans. The company's core mission is to enhance the accessibility and personalization of MTM services, thereby improving patient health through empathetic engagement. Their approach involves experienced pharmacists collaborating closely with clients to boost medication adherence, optimize drug dosages, and ensure overall medication safety. This focus on comprehensive care aims to reduce healthcare expenditures and elevate patient outcomes, a strategy that has consistently helped their clients achieve high star ratings.

How much funding has myMTMcare raised?

myMTMcare has raised a total of $299K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$149K

Debt (2020): $150K with participation from PPP

Debt (2021): $149K led by PPP

Key Investors in myMTMcare

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for myMTMcare?

With a substantial late-stage funding context, myMTMcare is poised for significant scaling and market expansion. The recent strategic investment will likely fuel advancements in their proprietary MTM platform, potentially broadening their reach to more health plans and patient populations. Future developments may include enhanced data analytics for predictive patient care, further integration with electronic health record systems, and the exploration of new therapeutic areas. This capital infusion signals strong investor confidence in myMTMcare's model for improving medication management and its potential to drive down costs within the healthcare system.

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Frequently Asked Questions Regarding myMTMcare Financial Insights

What are the most recent funding rounds that myMTMcare has completed, and what were the funding rounds?
myMTMcare has recently completed 2 funding rounds: Debt on Jan 31, 2021, Debt on Apr 9, 2020.
What is the total amount of funding myMTMcare has raised to date?
myMTMcare has raised a total of $299K in funding to date.
How many funding rounds has myMTMcare completed?
myMTMcare has completed 2 funding rounds.
How much funding did myMTMcare raise in its most recent funding round?
myMTMcare raised $149K in its most recent funding round.
Who are the lead investors in myMTMcare's latest funding round?
The lead investor in myMTMcare's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in myMTMcare's history?
The largest funding round in myMTMcare's history was $150K.
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