CirrusMD, a US-based provider of on-demand virtual care services, has raised $20m in its series C round led by Blue Venture Fund.
Venture capital firms 7wireVentures, Drive Capital and Colorado Impact Fund also invested in the C round.
Kelsey Maguire, managing director of the Blue Venture Fund, which is a collaboration between 35 Blue Cross Blue Shield healthcare providers and Sandbox, an independent company that provides healthcare-related investment management exclusively for the funds, said: “The last year has highlighted the importance of enabling fast, efficient communication between patients and providers, and CirrusMD has proven its ability to provide a solution that connects eligible members with a licensed doctor 24/7,”
There was a 150% increase in active members with access to the CirrusMD platform in the past year due to the covid-19 disease limiting physical access to doctors.
CirrusMD has in total raised $46m. In May 2019, CirrusMD raised $15m in its B round of funding led by Drive Capital, Colorado Impact Fund and other prior investors.
CirrusMD closed on $7m in series A funding in June 2017.
