Los Angeles-based Heal, which offers an app-based physician house call service, has raised $26.9 million in Series A funding in a round led by Thomas Tull of Tull Investment Group. Additional investors include Breyer Capital, HashtagOne, Slow Ventures, Qualcomm Incorporated Executive Chairman Paul Jacobs and Skydance Media CEO David Ellison. This brings Heal’s total funding to date at $40 million.
Heal, which launched last year, will use the new funding to accelerate growth – more robust marketing efforts to reach more patients, hiring more board-certified and licensed physicians, and creating more technology innovation.
"This world-class team of investors further validates the importance of what we are building and the enormous need for a convenient and personalized healthcare solution,” Heal's Chief Executive Officer and Co-founder Nick Desai said in a statement. “Heal fixes everything bad and broken about healthcare by bringing everything good right to you, wherever you are."
The company currently only offers services in California and has delivered house-call care to more than 10,000 patients throughout the state. It is in-network with Blue Shield of California, Anthem Blue Cross of California, Cigna Healthcare, Aetna and United Healthcare, and patients can either access the service through an in-network copay or an all-inclusive, flat rate of $99.
Patients can use the Heal app to request a doctor seven days per week from 8 a.m. to 8 p.m. for non-emergency situations like colds, flu, rashes, fevers or sports injuries, or for wellness physicals. They can also use the app to get a primary care doctor if they don’t currently have one, and physicians can meet patients at their home, office, or hotel.
“Heal is uniquely positioned to assume the role of the go-to healthcare option in America,” lead investor Thomas Tull said in a statement. “They have the leadership team, the technology innovation and the vision required to contribute to the transformation of the healthcare industry.”