What is PM Pediatrics?
Founded in 2005 and headquartered in Lake Success, New York, PM Pediatrics operates as a dedicated urgent care network staffed by Pediatric Emergency Specialists. These professionals are adept at treating a wide spectrum of conditions in newborn through college-age patients, focusing on minimizing pain and avoiding unnecessary diagnostic tests. Each facility is equipped with advanced digital x-rays and laboratory services, capable of addressing acute issues such as asthma exacerbations, high fevers, infections, dehydration, fractures, and wounds requiring sutures.
How much funding has PM Pediatrics raised?
PM Pediatrics has raised a total of $22.4M across 2 funding rounds:
Unspecified
$14M
Debt
$8.4M
Unspecified (2014): $14M with participation from Scopia Capital Management
Debt (2015): $8.4M, investors not publicly disclosed
Key Investors in PM Pediatrics
Scopia Capital Management
Scopia Capital Management is an investment firm that manages hedge funds and invests primarily in value stocks, suggesting a strategic interest in established companies with strong fundamentals.
What's next for PM Pediatrics?
The company's history of securing significant capital, including a substantial debt financing in its latest round, suggests a focus on operational scaling and infrastructure enhancement. This strategic backing is likely to support PM Pediatrics' expansion efforts, potentially through the opening of new locations or the enhancement of existing services to meet the growing demand for specialized pediatric urgent care. The enterprise-level funding indicates a mature stage of growth, positioning the company for further market penetration and service diversification.
See full PM Pediatrics company page
