MD Integrations Secures $77 Million Investment
In a remarkable move that underscores the burgeoning field of telehealth, MD Integrations (MDI) has successfully raised $77 million from Updata Partners and Denali Growth Partners. This investment marks a significant milestone for MDI, the only unified telehealth platform that operates exclusively on a nationwide doctor-only network. The company is set to use this influx of capital to accelerate its growth trajectory and further define the future of telehealth in the United States.
Founded in 2020 by Dr. Marc Serota, a quadruple board-certified physician, MDI has already made notable strides by delivering millions of patient consultations across all 50 states. Their platform has facilitated the growth of hundreds of digital health brands, covering a wide array of high-demand specialties, including weight management, longevity, dermatology, women's health, allergy/immunology, men's health, urgent care, and diagnostics.
Dr. Marc Serota, the founder and CEO of the company, stated, "After helping to build technology and provider networks at eight telehealth companies, I realized the need for a single solution that bridges brands and their customers with high-quality care delivered exclusively by doctors, integrated with a pharmacy network and fortified by technology." He further emphasized that MDI has established itself as a scalable, trustworthy platform that integrates physicians, pharmacies, and diagnostics into one cohesive system.
Key Differentiators of MDI
MDI offers a multitude of features that set it apart in the competitive telehealth landscape:
- - Doctor-Only Specialty Network: Each consultation is conducted by a board-certified MD or DO specialist, ensuring trust and continuity.
- - Streamlined Care Delivery Model: Designed to provide comprehensive care, it enhances speed of service and scales throughput effectively.
- - Built-In Compliance: The platform incorporates state-specific guardrails embedded in workflows, ensuring readiness for audits and protecting the company's value.
- - Integrated Ecosystem: An API-first platform with tailored integrations for Shopify and WooCommerce, along with pharmacy, fulfillment, EHR, and payment systems, all unified from end-to-end.
- - Flexible by Design: This turnkey, no-code platform not only allows for customization through API integrations but also enables partners to bring their own tools and technology without sacrificing compliance or scalability.
- - Growth-Optimized Infrastructure: Utilizing an expansive dataset, MDI enhances patient journeys from onboarding to ongoing care, improving overall efficiency and outcomes.
Future Outlook and Leadership Changes
The recent investment signifies MDI's commitment to continuing its rapid growth and market leadership. Newly appointed President and COO, Ramin Zacharia, expressed his enthusiasm, stating, "This investment accelerates MDI's trajectory as the leading telehealth infrastructure behind healthcare's fastest-growing and best-known brands. My focus is on scaling our partner-centric approach, delivering high-quality care through our expanding network of physicians, and fostering deeper collaborations within the ecosystem."
As the telehealth sector evolves, the demands of regulators are increasing, patients are seeking quicker access, and healthcare brands are striving to expand beyond single-specialty services. MDI stands poised to meet these challenges with their end-to-end infrastructure, enabling agility, quality, and compliance.
Moving forward, MD Integrations plans to deepen its nationwide physician network, enhance its pharmacy and diagnostics partnerships, and further innovate its highly configurable, API-driven platform. Braden Snyder, General Partner at Updata Partners, shared, "We are thrilled to partner with MDI, as their unique approach to unifying brands with a physician-first backbone positions them to set a new standard for care in digital health."
Denali Growth Partners also expressed confidence in the venture, with founder Jesse Lane commenting on MDI's potential to drive meaningful innovation in the telemedicine landscape. As the demand for telehealth continues to rise, MD Integrations is on the exciting path toward revolutionizing how care is delivered across the nation, with a robust strategy to scale efficiently while maintaining the highest standards of patient care.