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ModMed logo — To place doctors and patients at the center of care through...

ModMed

To place doctors and patients at the center of care through an intelligent, specialty-specific cloud platform.

Founded 2010 United States Boca Raton, United States 1677 employees Venture round Total: $385.93M Digital Health, Health Care

General Information

Company Name ModMed
Founded Year 2010
Location United States Boca Raton, United States
Founders / Decision Makers
Team member
Employees 1677
Industries Digital Health, Health Care
Funding Stage Venture round
Social

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About ModMed

ModMed is a healthcare startup founded in 2010 and headquartered in the United States. The company's slogan, "To place doctors and patients at the center of care through an intelligent, specialty-specific cloud platform," reflects its mission to revolutionize healthcare. ModMed offers an all-in-one solution, including electronic health records (EHR), practice management (PM) systems, and revenue cycle management (RCM) services, designed to empower specialty medical practices. The company's focus on dermatology, gastroenterology, ophthalmology, orthopedics, otolaryngology, pain management, plastic surgery, podiatry, urology practices, and ambulatory surgery centers highlights its commitment to personalized patient care. The last round of funding amounted to a substantial $53.37M from Venture Round investment on 22 February 2022, signifying investor confidence in the company's vision and products. For more information, visit www.modmed.com.

Business keywords: cloud platform, electronic health records, practice management systems, revenue cycle management, specialty-specific software solutions, clinical software, financial software, operational software, specialized medical practices, ambulatory surgery centers, patient-centered care, physician-led product development, dermatology practices, orthopedic practices

Funding Rounds & Investors (10)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $53.37M -
22 Feb 2022
Private Equity Round $231.00M 1
Warburg Pincus
Warburg Pincus
10 May 2017
Series E $38.00M 3
Summit Partners Pentland Brands Sands Capital Ventures
Summit Partners, Pentland Brands +1
21 Sep 2015
Debt Financing $10.00M 1
Silicon Valley Bank
31 Aug 2015
Venture Round $5.00M 1
IBM
19 Mar 2015
Series D $15.00M 2
Summit Partners Pentland Brands
Summit Partners, Pentland Brands
11 Nov 2014
Series C $14.00M 1
Summit Partners
Summit Partners
20 Aug 2013
Series B $12.00M 2
Pentland Brands Sands Capital Ventures
Pentland Brands, Sands Capital Ventures
05 Dec 2012
Series A $7.14M -
01 Mar 2011
Debt Financing $425.00K -
21 Jan 2010

ModMed Alternatives & Competitors

View All Alternatives
ModMed vs
CareCloud
CareCloud United States

Nasdaq: CCLD, Series A Preferred: CCLDP, Series B Preferred: CCLDO

1462 employees
Computing, Digital Health
Compare ModMed vs CareCloud
ModMed vs
Resolv Healthcare RCM
Resolv Healthcare RCM United States

A Harris Revenue Cycle business reimagined to optimize your financial performance and your patients’...

74 employees
Digital Health, Health Care
Compare ModMed vs Resolv Healthcare RCM
ModMed vs
Bizmatics: A Harris Computer Company
Bizmatics: A Harris Computer Company United States

Cloud-based software helping medical practices to transform care delivery for greater health outcome...

457 employees
Digital Health, Health Care
Also compare with: ModMed vs DrChrono by EverHealth DrChrono by EverHealth ModMed vs NextGen Healthcare India NextGen Healthcare India View all alternatives

FAQ About ModMed

To place doctors and patients at the center of care through an intelligent, specialty-specific cloud platform.
ModMed was founded in 2010.
ModMed is headquartered in Boca Raton, United States.
ModMed operates in Digital Health and Health Care. Its work centres on cloud platform, electronic health records, practice management systems and revenue cycle management.
ModMed has approximately 1677 employees.
ModMed has completed 10 funding rounds, raising a total of $385.93M. The latest funding stage is Venture round.
Top alternatives and competitors to ModMed include CareCloud, Resolv Healthcare RCM, Bizmatics: A Harris Computer Company, QMACS, INC, DrChrono by EverHealth. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ModMed and CareCloud are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ModMed, https://www.bouncewatch.com/company/modmed, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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