eVisit, a software as a service (Saas) telehealth company that enables virtual care for hospitals and health systems, announced $14 million in Series A funding. TVC Capital, a software-focused growth equity fund, led the funding.
eVisit’s Virtual Care platform serves over 100 hospitals and health systems, including some of the largest health care enterprises in the US The platform supports hundreds of thousands of virtual visits and connects providers and patients within the HIPAA-compliant platform. This enables health care providers to deliver more efficient patient care.
"This funding will further eVisit's rapid expansion within the telehealth industry by providing greater resources to our technology platform and customer care activities during this pivotal time for telehealth, in the ever-changing COVID-19 landscape and beyond,” said Bret Larsen, co-founder and CEO of eVisit.
Larsen continued: “In addition to scaling our organization with exceptional talent, we are planning to further enhance our marketing and sales outreach to support our focused go-to-market strategy. This new round is a testament to the collective confidence from these partners in our ability to power the virtual care strategies and execution for hospitals and health systems across North America."
eVisit's Virtual Care platform offers flexible virtual workflows for all specialties. Its end-to-end technology virtualizes each step in the health care process, including scheduling, intake and waiting room management, virtual visits, and payment and discharge.
The platform employs government-grade security, seamless EHR integration, analytics and reporting.
eVisit is working with health care systems and provider groups nationwide to support virtual care and simplify health care delivery.
"We are very pleased to have the opportunity to work with this amazing team at eVisit,” said Steve Hamerslag, managing partner at TVC Capital.
“The telehealth market is exploding with rapid provider and end user adoption of this critical capability. We were extremely impressed with the depth of this enterprise-class service offering, which was validated by the breadth of adoption by their large and sophisticated customer base. eVisit has an early seat in this expanding market, and we are thrilled to be a part of a journey of helping to improve patient outcomes, while reducing cost."
