MD Live - About the company
MD Live is an acquired company based in Sunrise (United States), founded in 2009 by Randy Parker. It operates as a Provider of cloud-based on-demand telemedicine services. MD Live has raised $174M in funding from investors like Health Velocity Capital, Heritage Group and Bedford Funding, with last known valuation of $*****. The company has 1013 active competitors, including 107 funded and 47 that have exited. Its top competitors include companies like HealthTap, Ro and One Medical.
Company Details
MD Live is a telehealth provider offering 24/7 consultations from nationwide doctors and therapists. The cloud-based platform enables patients, medical professionals, and plan administrators to collaborate securely via voice, video, email, and mobile devices. Also, can be accessed by users who are provided MDLIVE benefit by an employer or health plan. Provides service to individuals, healthcare providers, healthcare plans, and employers.
Key Metrics
Founded Year
2009
Location
Sunrise, United States
Stage
Acquired
Total Funding
$174M in 5 rounds
Latest Funding Round
Last Known Valuation
$***** as on Oct 08, 2021
Investors
Ranked
13th among 1013 active competitors
Employee Count
507 as on Sep 30, 2026
Investment & Acquisitions
Exit Details
Acquired by Evernorth (Feb 26, 2021)
Legal entities associated with MD Live
MD Live is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MDLIVE Inc. CIN: 454937055 , United States, Active | Apr 01, 2012 | - | 223 (As on Dec 31, 2020) | - |
MD Live's acquisition details
MD Live got acquired by Evernorth on Feb 26, 2021.
Click here to take a look at MD Live's acquisition in detail
Sign up to download MD Live's company profile
MD Live's funding and investors
MD Live has raised a total funding of $174M over 5 rounds. Its first funding round was on Jan 22, 2014. MD Live has 17 institutional investors.
Here is the list of recent funding rounds of MD Live:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 14, 2020 | 2934742 | Conventional Debt | 9539151 | 4540917 | 1097246 | 5753781 |
Sep 14, 2020 | 3234566 | Series D | 3509612 | 7191333 | 4066019 | |
Aug 01, 2018 | 8479330 | Series C | 7243325 | 8483611 |
View details of MD Live's funding rounds and investors
MD Live's founders and board of directors
Founder? Claim ProfileThe founders of MD Live is Randy Parker.
Here are the details of MD Live's key team members:
- Randy Parker: Founder of MD Live.
View details of MD Live's Founder profiles and Board Members
MD Live's employee count trend
MD Live has 507 employees as of Sep 26. Here is MD Live's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
MD Live's Competitors and alternates
Top competitors of MD Live include HealthTap, Ro and One Medical. Here is the list of Top 10 competitors of MD Live, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | HealthTap 2010, Palo Alto (United States), Series B | Tech-enabled Q&A and video consultation platform for patients and doctors | $37.9M | 76/100 | |
2nd | Ro 2017, New York City (United States), Series D | DIgital health platform offering various services for men | $1.03B | 75/100 | |
3rd | One Medical 2007, San Francisco (United States), Acquired | Provider of membership-based primary care platform for employees and consumers | $403M | 75/100 | |
4th | K Health 2016, New York City (United States), Series F | AI-based platform providing access to clinicians | $439M | 74/100 | |
5th | Vida Company 2014, San Francisco (United States), Series D | Provider of an AI based app for virtual mental and physical health care for employees and patients | $216M | 71/100 | |
6th | Amwell 2006, Boston (United States), Public | Provider of telehealth and consultation solutions for doctors and patients | $887M | 70/100 | |
7th | Teladoc Health 2002, Purchase (United States), Public | Provider of telehealth and telemedicine services | $104M | 70/100 | |
8th | CirrusMD 2012, Denver (United States), Acquired | Online telecommunication solution for patient, doctors and employees | $47.6M | 69/100 | |
9th | Summus Global 2015, New York City (United States), Series C | Online platform providing telehealth solution for doctors and patients | $95.3M | 68/100 | |
10th | Sesame 2018, New York City (United States), Series B | Online platform offering multiple healthcare services | $84.8M | 67/100 | |
13th | MD Live 2009, Sunrise (United States), Acquired | Provider of cloud-based on-demand telemedicine services | $174M | 64/100 |
Looking for more details on MD Live's competitors? Click here to see the top ones
MD Live's Investments and acquisitions
MD Live has acquired Breakthrough. MD Live has not made any investments as of now.Reports related to MD Live
Here is the latest report on MD Live's sector:
News related to MD Live
•
Amsterdam’s Rubio Impact Ventures-backed Vytal bags €14.2M to eliminate single-use packaging wasteSilicon Canals•Mar 11, 2025•VYTAL, Inven Capital, Emerald Technology Ventures, Grazia Equity and 8 others
•
Cigna taps MDLIVE for new 'E-Treatment' virtual care offeringFierce Healthcare•Sep 17, 2024•Cigna, MD Live
•
Recuro Health Appoints Jason Casten as CFO to Lead Financial Strategy and Drive GrowthBusiness Wire•Oct 26, 2023•Recuro Health, MD Live
•
HLTH23: Evernorth's MDLIVE to acquire Bright.md, moving into asynchronous careFierce Healthcare•Oct 11, 2023•MD Live, The Cigna Group, Bright.md
•
Cigna leverages MDLive acquisition to expand virtual care servicesBecker's Hospital Review•Oct 26, 2021•Cigna, MD Live
•
Cigna's Evernorth completes purchase of MDLiveBecker's Hospital Review•Apr 20, 2021•Evernorth, MD Live
•
Complia Health Appoints Industry Veteran Rich Berner As CEO To Lead Company Through Next Phase Of GrowthPR Newswire•Mar 25, 2021•Complia Health, MD Live
•
Cigna’s Evernorth division buys virtual care platform MDLiveHartford Business Journal•Mar 01, 2021•MD Live, Cigna
•
•
Are you a Founder ?
FAQs about MD Live
Explore our recently published companies
- Marketing Agency - Deptford based, 2020 founded, Unfunded company
- Aquiyel Services - Houston based, 2020 founded, Public company
- B2clogin.com - 2017 founded, Unfunded company
- Compose Finance - Warsaw based, 2024 founded, Unfunded company
- Bubbls - United Kingdom based, Unfunded company
- TedhiMedhi Family - India based, Unfunded company