How Much Did SohoMD Raise?
Funding & Key Investors

SohoMD has successfully secured a significant capital injection, marking a pivotal moment in its operational trajectory. With a total cumulative investment reaching $350K, the firm continues to solidify its presence in the competitive digital health landscape. This latest infusion of $350K represents a major strategic investment, underscoring investor confidence in the company's scalable model for delivering specialized medical services through virtual channels.

What is SohoMD?

SohoMD
Healthcare ServicesMental Health & Rehabilitation Facilities

SohoMD operates at the intersection of technology and clinical excellence, providing a robust platform for online psychiatry, medical weight-loss, and migraine treatment. By leveraging a nationwide network of licensed professionals, the company facilitates evidence-based, personalized care plans that address complex wellness needs. Their digital-first approach removes traditional barriers to entry, allowing patients to access high-quality mental health support and chronic condition management from the convenience of their homes. As the telehealth sector matures, SohoMD distinguishes itself through a commitment to customized treatment protocols and a seamless, secure user experience that prioritizes patient outcomes over transactional interactions.

How much funding has SohoMD raised?

SohoMD has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in SohoMD

PPP

Public-Private Partnership

What's next for SohoMD?

With this late-stage financing, SohoMD is well-positioned to accelerate its market penetration and enhance its technological infrastructure. The company is expected to focus on expanding its specialist roster and refining its proprietary care delivery platform to accommodate a growing patient base. By scaling its operations, SohoMD aims to further integrate its mental health and wellness services into the broader healthcare ecosystem, potentially exploring new partnerships with insurance providers and health systems. The strategic deployment of this capital will likely prioritize operational efficiency and the continued development of data-driven treatment methodologies, ensuring that the firm remains at the forefront of the evolving virtual medicine industry.

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Frequently Asked Questions Regarding SohoMD Financial Insights

What are the most recent funding rounds that SohoMD has completed, and what were the funding rounds?
SohoMD has recently completed 1 funding rounds: Debt on Apr 16, 2020.
What is the total amount of funding SohoMD has raised to date?
SohoMD has raised a total of $350K in funding to date.
How many funding rounds has SohoMD completed?
SohoMD has completed 1 funding rounds.
How much funding did SohoMD raise in its most recent funding round?
SohoMD raised $350K in its most recent funding round.
Who are the lead investors in SohoMD's latest funding round?
The lead investor in SohoMD'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 SohoMD's history?
The largest funding round in SohoMD's history was $350K.
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