
Telemedicine company SnapMD rakes in $7.1M to bolster sales and marketing efforts
The California company also plans to innovate its product, help its clients manage their virtual care programs and engage the broader market.
The California company also plans to innovate its product, help its clients manage their virtual care programs and engage the broader market.
Two telehealth providers — SnapMD and MDLive — are building up their offerings. While SnapMD's platform includes support for Spanish speakers, MDLive has a new dermatology service.
SnapMD's priorities for the funding injection are to bolster the company’s sales and marketing efforts and leverage its channel partner program to boost revenue.
The vice president of Konica Minolta's Business Innovation Center in North America, Ekta Sahasi, said it's looking for "unique and differentiated healthcare solutions at the point-of-care."
"Everyone focuses on video interaction because it's easy, but it's more difficult to piece everything together that's wrapped around it," said SnapMD COO George Tierney.
It raised a fresh round of capital from Shea Ventures, TYLT Labs and Whittier Ventures.