Tech Company Financing Transactions
LifeMD Funding Round
On 6/4/2021, LifeMD raised $15 million in funding from B. Riley Financial.
Transaction Overview
Company Name
Announced On
6/4/2021
Transaction Type
Debt
Amount
$15,000,000
Round
Undisclosed
Investors
B. Riley Financial (Bryant Riley)
Proceeds Purpose
Additional liquidity significantly strengthens balance sheet and supports the company's aggressive growth plan through 2022
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
800 3rd Ave. 2800
New York, NY 10022
USA
New York, NY 10022
USA
Phone
Website
Email Address
Overview
LifeMD, Inc. is a rapidly growing direct-to-patient, telehealth company, offering cash-pay virtual medical care across all 50 states. LifeMD's telemedicine platform enables virtual access to affordable and convenient medical treatment from licensed providers and, when appropriate, prescription medications and over-the-counter products delivered directly to the patient's home.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 6/4/2021: Paloma venture capital transaction
Next: 6/4/2021: Etiometry venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs