What is Urgent Team?
Urgent Team functions as a critical healthcare infrastructure provider, managing 51 locations across four distinct brands: Urgent Team, Physicians Care, Sherwood Urgent Care, and Baptist Health Urgent Care. By focusing on accessible, walk-in medical services, the company addresses a vital gap in the Southeast United States healthcare market. Their service model encompasses acute injury treatment, illness management, and occupational health, positioning them as a high-volume, patient-centric alternative to traditional emergency departments and primary care settings. The company's ability to integrate these services under a unified operational umbrella has made it a leader in the regional urgent care landscape.
How much funding has Urgent Team raised?
Urgent Team has raised a total of $68.1M across 4 funding rounds:
Private Equity
$25.8M
Unspecified
$35M
Private Equity
$5.3M
Debt
$2M
Private Equity (2012): $25.8M with participation from SV Life Sciences Advisers and River Cities Capital
Unspecified (2012): $35M led by SV Life Sciences, RC Capital, and Petra Capital Partners
Private Equity (2014): $5.3M supported by Petra Capital Partners, LLC, River Cities Capital Funds, and SV Life Sciences Advisers, LLP
Debt (2020): $2M featuring PPP
Key Investors in Urgent Team
SV Health Investors
SV Health Investors is a specialist investment firm backing innovative health care and life science companies, partnering with founders and management to provide capital, sector expertise and active support from early growth through scale and value creation.
RC Capital
RC Capital is a growth equity firm focused on building high-potential healthcare companies by leveraging the interplay of medical devices, healthcare services, and healthcare IT.
Petra Capital Partners
Petra Capital Partners is a private equity firm that operates with a specialized focus on providing growth-oriented capital solutions to lower middle market companies, emphasizing flexibility and long-term value creation.
What's next for Urgent Team?
Following this major enterprise-level funding, Urgent Team is well-positioned to accelerate its expansion strategy. The capital injection provides the necessary liquidity to optimize existing clinical workflows and potentially explore new geographic territories. As the healthcare industry shifts toward decentralized, patient-accessible care models, Urgent Team is poised to leverage its established brand equity and operational expertise to capture additional market share. Future growth will likely focus on technological integration within their clinics to improve patient outcomes and operational efficiency, ensuring the company remains a dominant force in the urgent care sector.
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