OhMD Closes Latest Round of Financing, Led by FCA Venture Partners

OhMD Secures New Funding Led by FCA Venture Partners to Accelerate Growth and Expand Patient Communication Platform

BURLINGTON, VT – (February 22, 2022) – OhMD, an industry leader in patient communication and collaboration solutions, announced the closing of its latest round of financing this month, led by FCA Venture Partners and supported by a co-investment from the Dudley Fund, which includes participation from former executives at IDX, GE Healthcare, Marathon Health, OpenTempo, and other leading healthtech companies.

This investment will allow OhMD to accelerate the adoption and innovation of its platform, further improving patient relationships through conversation. The company also plans to form new strategic partnerships to bring its simple, safe, and effective communication tools to more patients and healthcare providers.

Driving Patient-Centered Communication

Launched in 2019, OhMD is widely recognized as a leading patient-centric digital health platform designed to make healthcare communication seamless and human. The company partners with practices, hospitals, and health systems across all specialties to facilitate meaningful conversations, improve patient experience, and simplify care team workflows.

OhMD’s platform emphasizes ease of use and choice-based communication methods — including text/SMS, encrypted secure chat, telehealth video, and live website chat — enabling efficient, HIPAA-compliant conversations that foster connection between patients and care teams.

“FCA Venture Partners is committed to identifying and supporting healthcare industry early-growth companies that are poised to deliver significant value through a breakthrough solution, and to do so while building a sustainable business model,” said Todd Johnson, Partner at FCA Venture Partners. “OhMD is a standout. Their leadership envisioned the future of healthcare communications well ahead of the market, and we are thrilled to partner with OhMD as they lead the way toward a better healthcare experience for patients.”

Proven Growth and Impact

Since its inception, OhMD has achieved remarkable adoption and performance metrics:

• Over 40,000 providers use OhMD nationwide
• More than 10,000 five-star reviews, with an average 4.9/5 App Store rating
• Recognized as a leader in telemedicine and patient relationship management on G2
• 101% year-over-year revenue growth

“We are at a critical and exciting time in healthcare as patients assume a more active role in their approach to health and wellness,” said Ethan Bechtel, Co-Founder and CEO of OhMD. “The point of entry to that empowerment is communication, and OhMD is at the tip of the spear enabling a new, more efficient and effective method of communication and collaboration for healthcare organizations, physicians, and patients. We are proud of our impact and look forward to amplifying our momentum with innovative solutions that deliver meaningful outcomes.”

Meeting the Evolving Needs of Modern Healthcare

The shift toward patient-centric care has accelerated in recent years due to the pandemic, which created an increased need for remote communication, greater care coordination, and operational efficiency amid staffing shortages. OhMD’s communication tools help healthcare organizations meet these challenges while humanizing patient engagement.

“At OhMD, we have an opportunity to reach millions of additional patients by building deeper integrations with electronic health records providers,” added Bechtel. “Through these partnerships, OhMD can be used by any healthcare organization to improve outcomes through dynamic, scalable conversations and to replace phone calls with something far more efficient, personal, and compassionate.”

About OhMD

OhMD is a leading patient-centric communication platform that enables care teams and patients to communicate directly with one another. Used by thousands of healthcare organizations across the United States, OhMD enhances the patient experience, engagement, and collaboration through secure, modern communication tools that integrate seamlessly into clinical workflows.

Learn more at www.ohmd.com.

Media Contact:
Devin Mason
1-888-221-5320
devin@ohmd.com

About FCA Venture Partners

FCA Venture Partners is a venture capital firm investing in early-stage healthcare technology and technology-enabled healthcare services companies that improve patient care, reduce costs, and increase efficiency. Based in Nashville, FCA brings portfolio companies valuable healthcare insights, connections, and board-level experience to accelerate growth and build disruptive, sustainable businesses.

For more information, visit www.fcavp.com.