ModMed

ModMed

To place doctors and patients at the center of care through an intelligent, specialty-specific cloud platform.

Founded 2010

Boca Raton, United States 1677 employees Venture round Total: $385.93M Digital Health, Health Care

ModMed is a healthcare startup founded in 2010 and headquartered in the United States. The company's slogan, "To place doctors and patients at the center of care through an intelligent, specialty-specific cloud platform," reflects its mission to revolutionize healthcare. ModMed offers an all-in-one solution, including electronic health records (EHR), practice management (PM) systems, and revenue cycle management (RCM) services, designed to empower specialty medical practices. The company's focus on dermatology, gastroenterology, ophthalmology, orthopedics, otolaryngology, pain management, plastic surgery, podiatry, urology practices, and ambulatory surgery centers highlights its commitment to personalized patient care. The last round of funding amounted to a substantial $53.37M from Venture Round investment on 22 February 2022, signifying investor confidence in the company's vision and products. For more information, visit www.modmed.com.

Funding Stage	Amount	Investors	Lead Investors	Date
Venture Round	$53.37M	-		22 Feb 2022
Private Equity Round	$231.00M	1	Warburg Pincus	10 May 2017
Series E	$38.00M	3	Summit Partners, Pentland Brands +1	21 Sep 2015
Debt Financing	$10.00M	1	Silicon Valley Bank	31 Aug 2015
Venture Round	$5.00M	1	IBM	19 Mar 2015
Series D	$15.00M	2	Summit Partners, Pentland Brands	11 Nov 2014
Series C	$14.00M	1	Summit Partners	20 Aug 2013
Series B	$12.00M	2	Pentland Brands, Sands Capital Ventures	05 Dec 2012
Series A	$7.14M	-		01 Mar 2011
Debt Financing	$425.00K	-		21 Jan 2010

Funding Stage

Amount

Investors

Lead Investors

Date

Venture Round

$53.37M

22 Feb 2022

Private Equity Round

$231.00M

Warburg Pincus

10 May 2017

Series E

$38.00M

Summit Partners, Pentland Brands +1

21 Sep 2015

Debt Financing

$10.00M

Silicon Valley Bank

31 Aug 2015

Venture Round

$5.00M

IBM

19 Mar 2015

Series D

$15.00M

Summit Partners, Pentland Brands

11 Nov 2014

Series C

$14.00M

Summit Partners

20 Aug 2013

Series B

$12.00M

Pentland Brands, Sands Capital Ventures

05 Dec 2012

Series A

$7.14M

01 Mar 2011

Debt Financing

$425.00K

21 Jan 2010

FAQ About ModMed

To place doctors and patients at the center of care through an intelligent, specialty-specific cloud platform.

ModMed was founded in 2010.

ModMed is headquartered in Boca Raton, United States.

ModMed operates in Digital Health and Health Care. Its work centres on cloud platform, electronic health records, practice management systems and revenue cycle management.

ModMed has approximately 1677 employees.

ModMed has completed 10 funding rounds, raising a total of $385.93M. The latest funding stage is Venture round.

Top alternatives and competitors to ModMed include MountainStar Medical Group, Nextech Systems, Amplify EyeCare, Rx Transcription & Coding, LLC, American Vision Partners. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

ModMed and MountainStar Medical Group are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

General Information

Discover More

About ModMed

Funding Rounds & Investors (10)

ModMed Alternatives & Competitors

FAQ About ModMed