What is SteadyMD?
SteadyMD operates as a sophisticated telehealth infrastructure provider, offering a comprehensive suite of services that includes clinician workforce management, digital care operations, and nationwide telemedicine enablement. By providing the regulatory, clinical, and technological framework necessary for digital health platforms, employers, and medical device providers to launch virtual services, the company has effectively positioned itself as an essential partner for healthcare innovators. Founded by Guy Friedman and Yarone Goren, the organization has evolved from a concierge primary care model into a robust B2B infrastructure powerhouse, facilitating seamless, compliant, and patient-centric remote medical experiences across diverse clinical environments.
How much funding has SteadyMD raised?
SteadyMD has raised a total of $31M across 2 funding rounds:
Series A
$6M
Series B
$25M
Series A (2020): $6M with participation from First Trust Capital Partners LLC, M25 Group, Hyde Park Venture Partners, Crosscut, Next Ventures Ltd, Pelion Venture Partners, and Wild Card Ventures LLC
Series B (2021): $25M led by Acrew Capital, Lux Capital, and Sound Ventures
Key Investors in SteadyMD
Hyde Park Venture Partners
Hyde Park Venture Partners is an early-stage venture capital firm that focuses on high-growth technology startups located in the mid-continent region, including the Midwest, Toronto, and Atlanta.
Pelion Venture Partners
Pelion Home is a company that manages a portfolio of funds, focusing on investment solutions for its clients, catering to both institutional and individual investors seeking diversified opportunities.
Sound Ventures
Plesk offers a web hosting platform that simplifies the management of websites, applications, and servers, providing a user-friendly interface for developers and web professionals to streamline their workflows.
What's next for SteadyMD?
With the successful completion of its latest financing round, SteadyMD is well-positioned to accelerate its enterprise-level expansion. The company is expected to leverage this capital to enhance its proprietary telehealth technology stack and further scale its clinician network to meet the rising demand for virtual care. As the healthcare industry continues to shift toward decentralized, digital-first models, SteadyMD's focus on operational efficiency and regulatory compliance will likely serve as a primary driver for its next phase of growth, enabling it to support increasingly complex healthcare delivery requirements on a national scale.
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