How Much Did PromptMD Raise?
Funding & Key Investors

PromptMD, a prominent physician-owned medical practice specializing in urgent care services, has secured significant capital, with total funding reaching $150K. The company recently announced a major strategic investment of $150K, underscoring its robust growth trajectory and market position in the competitive healthcare sector. This latest financing round signifies a critical juncture for PromptMD as it continues to expand its operational footprint and service offerings.

What is PromptMD?

PromptMD
Hospitals & Physicians ClinicsPhysicians Clinics

PromptMD operates a network of urgent care centers across New Jersey, including key locations in Hoboken, Edgewater, Jersey City, and Weehawken. The practice offers a comprehensive suite of medical services, encompassing telemedicine, COVID-19 and RSV testing, sports physicals, and laboratory diagnostics. Designed to serve patients of all ages, PromptMD provides accessible, walk-in care for immediate health needs, positioning itself as an affordable and convenient alternative to traditional emergency rooms. Their commitment to short wait times and friendly service, coupled with broad insurance acceptance, enhances patient accessibility and satisfaction.

How much funding has PromptMD raised?

PromptMD has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in PromptMD

PPP

Public-Private Partnership

What's next for PromptMD?

The substantial late-stage funding indicates PromptMD's strategic intent to accelerate its expansion and potentially integrate advanced healthcare technologies. This capital infusion is likely to fuel the opening of new facilities, enhance existing service lines, and bolster telemedicine capabilities. Furthermore, the 'major strategic investment' suggests a potential partnership or alignment with entities that can provide operational expertise or market access, positioning PromptMD for sustained growth and increased market share in the urgent care segment.

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Frequently Asked Questions Regarding PromptMD Financial Insights

What are the most recent funding rounds that PromptMD has completed, and what were the funding rounds?
PromptMD has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding PromptMD has raised to date?
PromptMD has raised a total of $150K in funding to date.
How many funding rounds has PromptMD completed?
PromptMD has completed 1 funding rounds.
How much funding did PromptMD raise in its most recent funding round?
PromptMD raised $150K in its most recent funding round.
Who are the lead investors in PromptMD's latest funding round?
The lead investor in PromptMD'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 PromptMD's history?
The largest funding round in PromptMD's history was $150K.
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