SteadyMD is a technology company.
SteadyMD has raised $25.0M across 1 funding round.
Key people at SteadyMD.
SteadyMD has raised $25.0M in total across 1 funding round.
# High-Level Overview
SteadyMD is a B2B telehealth infrastructure company that powers virtual care experiences for healthcare organizations, digital health companies, and other healthcare innovators across all 50 U.S. states.[1][2] The company operates as a platform that connects a distributed network of licensed clinicians with healthcare providers and digital health companies, enabling them to offer telehealth services without building their own clinical workforce from scratch.
The company serves a diverse set of customers including digital health companies, labs, pharmacies, large employers, and healthcare systems.[2][4] SteadyMD solves the critical problem of clinician workforce scarcity and operational complexity by providing an on-demand clinical workforce, legal and regulatory guidance, and technology infrastructure.[1][2] For clinicians, it offers flexible remote work opportunities across multiple care modalities including primary care, urgent care, mental health therapy, and specialty services.
# Origin Story
SteadyMD was founded in 2016 and is based in Saint Louis, Missouri.[1] The company emerged during the early expansion of digital health, addressing a fundamental gap: while telehealth platforms proliferated, many lacked access to licensed clinicians and the regulatory expertise needed to operate across multiple states. By building a distributed network of clinicians and providing the operational and legal infrastructure to support them, SteadyMD positioned itself as a behind-the-scenes enabler for the telehealth ecosystem rather than a direct-to-consumer platform.
# Core Differentiators
# Role in the Broader Tech Landscape
SteadyMD operates at a critical inflection point in healthcare: the shift from traditional in-person care to distributed, technology-enabled delivery models. The company rides several converging trends:
Clinician Burnout & Workforce Shortage: Healthcare systems face severe staffing challenges, making flexible, remote clinical work increasingly attractive. SteadyMD's model allows clinicians to practice on their own terms while helping organizations meet patient demand.
Regulatory Maturation: As telehealth regulations stabilized across states, the complexity of multi-state compliance became a competitive moat. SteadyMD's legal and regulatory expertise is difficult to replicate and highly valuable to partners.
B2B Healthcare Infrastructure: The company exemplifies a broader trend of infrastructure-layer companies enabling the healthcare ecosystem. Rather than competing directly with consumer telehealth apps, SteadyMD powers them—a more defensible, less commoditized position.
Digital Health Consolidation: The company's acquisition by DocGo (announced in the search results) reflects how infrastructure providers are being integrated into larger healthcare platforms seeking end-to-end capabilities.[5]
# Quick Take & Future Outlook
SteadyMD has established itself as a critical infrastructure layer in the telehealth ecosystem, with strong defensibility through its multi-state licensing, clinician network, and regulatory expertise. The company raised $33.97M in total funding and operates with 77 employees, suggesting a capital-efficient model.[1][2]
Looking ahead, SteadyMD's trajectory will likely be shaped by:
The company's success ultimately depends on its ability to remain a trusted, neutral infrastructure provider while the telehealth landscape continues to consolidate around larger, more vertically integrated players.
SteadyMD has raised $25.0M in total across 1 funding round.
SteadyMD's investors include Bessemer Venture Partners, BoxGroup, Cota Capital, Fuel Capital, General Catalyst, Immeasurable, Ludlow Ventures, Lux Capital, MBX Capital, Pear VC, Plug & Play Ventures, REMUS Capital.
Key people at SteadyMD.
SteadyMD has raised $25.0M across 1 funding round. Most recently, it raised $25.0M Series B in March 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2021 | $25.0M Series B | Bessemer Venture Partners, BoxGroup, Cota Capital, Fuel Capital, General Catalyst, Immeasurable, Ludlow Ventures, Lux Capital, MBX Capital, Pear VC, Plug & Play Ventures, REMUS Capital, Shrug Capital, Sound Ventures, Griffin Johnson, Haroon Mokhtarzada, Jennifer Lum, Leah Busque, Moshe Lifschitz, Scott Belsky |
