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§ Private Profile · 510 Southwest 3rd Avenue Suite 300 Portland, Oregon 97204 United States
Healthcare automation company offering an AI-powered asynchronous virtual care platform for healthcare systems, focused on low-acuity telehealth.
Bright.md has raised $46.7M across 5 funding rounds.
Key people at Bright.md.
Bright.md has raised $46.7M in total across 5 funding rounds.
Based in Portland, Oregon, BrightMD is a healthcare automation company providing an AI-powered, asynchronous virtual care platform for health systems. The core software, SmartExam, enables direct telehealth for over 450 low-acuity conditions by automating diagnosis, triage, and treatment plans without requiring real-time video consultations. Operating on a venture-backed SaaS model, the platform integrates directly with major electronic health record systems including Epic and Cerner. The enterprise has raised over thirty million dollars in total funding across five rounds from institutional investors such as B Capital Group and Pritzker Group Venture Capital. Founded in 2014, the organization currently operates with a team of approximately 77 employees and generates over twelve million dollars in revenue. By streamlining these clinical workflows, the technology successfully reduces provider evaluation time by 10x and cuts overall care costs by 90 percent.
Key people at Bright.md.
Bright.md has raised $46.7M across 5 funding rounds. Most recently, it raised $16.7M Series C in May 2020.
Bright.md has raised $46.7M in total across 5 funding rounds.
Bright.md's investors include Karen Page, James T. Olsen, Dino Vendetti, Richard Wilmot, Matthew Warrens, Acrew Capital, American Family Ventures, B Capital Group, Coalition Operators, Cowboy Ventures, Equity Venture Partners, Hack VC.
Bright.md is a venture-backed health tech company founded in 2014 and based in Portland, Oregon, that developed SmartExam, an AI-powered virtual care platform automating low-acuity primary care visits.[1][2][3] It serves healthcare providers and patients by integrating with electronic health records (EHRs), using patient inputs and AI to generate provisional diagnoses and treatment plans, slashing visit times from 20 minutes to under 2 minutes and documentation by up to 10-fold while enabling 30% capacity expansion and 300% margin improvements.[2][3] The platform targets routine conditions in a $150 billion market, reducing costs by 80% through efficient physician-patient communication via web or mobile.[2]
Bright.md addressed timely access to affordable primary care, automating up to 60% of visit volume for trusted existing providers, before being acquired by 98point6 Technologies in 2024 to bolster its asynchronous care module.[2][5]
Bright.md was co-founded in 2014 by Ray Costantini, MD, a physician-CEO frustrated with primary care inefficiencies, alongside partners in Portland, Oregon, and San Francisco.[2][6] The idea emerged from Costantini's recognition that patients lacked timely, low-cost access to familiar doctors, prompting the creation of SmartExam to automate routine interactions and empower providers.[2]
Early traction came via a $1 million seed round in October 2014, validating its potential to transform a $150 billion primary care market by enabling faster diagnoses, prescriptions, and follow-ups.[2] The company grew as a privately held innovator, partnering with networks like OCHIN and integrating AI for evidence-based care, culminating in its 2024 acquisition by 98point6 Technologies.[1][3][5]
(Note: Search results distinguish this from a separate 2019-founded "Bright" in edtech/HR tech, based in Maryland.[4])
Bright.md rode the telehealth and AI-in-healthcare wave, accelerating post-2014 amid rising demand for efficient virtual care amid access barriers and cost pressures in a $150 billion primary care market.[2] Its timing aligned with EHR adoption and AI maturation, enabling automation of routine visits when synchronous telehealth alone couldn't scale low-acuity needs.[3][5]
Market forces like provider burnout, patient convenience demands, and payer incentives for efficiency favored it, influencing ecosystems by partnering with health systems (e.g., 16 via 98point6 post-acquisition) and proving AI's role in async care.[5] The 2024 acquisition by 98point6 amplified this, embedding SmartExam into platforms expanding chronic care, behavioral health, and multi-channel communication, shaping virtual care's shift to intelligent, provider-efficient software.[5][7]
Post-2024 acquisition, Bright.md's tech now powers 98point6's async module growth, targeting library expansions for chronic conditions, behavioral health, and admin reduction via AI.[5][7] Trends like AI clinical decision support, EHR interoperability, and hybrid care models will propel it, evolving influence toward nationwide virtual platforms serving millions.[5][7]
As telehealth matures beyond pandemics, expect deeper integrations reducing clinician burdens—tying back to its origins in smarter primary care for accessible, high-quality outcomes.[2]
