Healthie, which offers tech infrastructure for virtual care and digital health companies, raised $16 million in a Series A round led by Velvet Sea Ventures.

Other participants in the raise include Greymatter Capital, Watershed, Builders VC, a customer syndicate, and more than 60 angel investors. 

The startup previously raised $1.9 million in pre-seed and seed funding.

WHAT IT DOES

Healthie provides operations tools for other companies implementing and scaling virtual care. Some of their offerings include a client management portal, electronic intake, scheduling, telehealth, billing and payment software, an EHR, and a mobile app.

"This funding allows us to strengthen the platform on which thousands of digital health companies are building their customer experiences. We’re empowering our customers to change how consumers receive healthcare and how providers deliver care for millions of patients, with a goal of changing patient outcomes at scale,” CEO and cofounder and CEO Erica Jain said in a statement.

MARKET SNAPSHOT

Though outpatient visits conducted through telehealth have declined since the beginning of the COVID-19 pandemic, visits were still elevated compared to the pre-pandemic era, according to an analysis by Epic Research and the Kaiser Family Foundation published earlier this year. 

FAIR Health found telehealth made up 4.9% of all medical claim lines nationally in April after two months of decline.

Another company in the telehealth services space is Wheel, which announced a $150 million Series C raise in January. The virtual care tech and staffing vendor also raised $50 million in 2021. 

Meanwhile Truepill, which offers tools like telehealth, a virtual pharmacy, prescription shipping and fulfillment, scored $142 million in Series D funding in October 2021. The company has also provided COVID-19 mitigation tools for employers. 

Business-to-business telehealth company SteadyMD recently announced it had acquired BlocHealth, a clinician licensing and credentialing platform. The startup raised $25 million in Series B funding last year.