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Heal Secures $40 Million In Total Funding, Led By Thomas Tull Plus Breyer Capital
SANTA MONICA, Calif., Oct. 18, 2016 /PRNewswire/ -- Heal, the fast-growing startup disrupting the healthcare industry with modern, on-demand doctor house calls, announced today that it has raised $26.9 million in Series A funding led by Thomas Tull's Tull Investment Group, which also led the company's seed round in 2015, bringing the total funding to $40 million. Joining the round are Breyer Capital, Qualcomm Incorporated Executive Chairman Paul Jacobs and Skydance Media CEO David Ellison, along with early investors HashtagOne and Slow Ventures.
Heal has proven that doctor house calls can radically improve medical outcomes and save the healthcare industry billions of dollars. The company promises to transform medicine from a factory-like, impersonal system into a highly personalized and effective solution where doctors can practice what they are passionate about and patients can receive high-quality care in the comfort of their homes, offices or hotels.
Tull stated: "Heal is uniquely positioned to assume the role of the go-to healthcare option in America. They have the leadership team, technology innovation and vision required to contribute to the transformation of the healthcare industry."
Heal's Chief Executive Officer and Co-founder Nick Desai added, "This world-class team of investors further validates the importance of what we are building and the enormous need for a convenient and personalized healthcare solution. Heal fixes everything bad and broken about healthcare by bringing everything good right to you, wherever you are."
Sixty percent of Americans want a doctor who will make house calls, according to a recent study. Heal is radically improving how people receive primary, preventative and urgent care by bringing back the house-call doctor. At the click of a button, Heal delivers unhurried and caring doctors to the patient's home or office, at their convenience.
"Heal is reimagining how we receive medical care," said Jim Breyer, founder and chief executive officer of Breyer Capital. "The company is leveraging a world-class technology platform that seamlessly connects patients and doctors, and capitalizes on tremendous demand for more convenient ways to access high-quality care and other services. I am delighted to partner again with Thomas, and join him in supporting the talented team at Heal, as they enter their next phase of growth, in what I am confident will be another successful venture."
This new funding will enable the company to further accelerate its growth through continued technology innovation, increased marketing efforts to reach more patients and to bolster its roster of board-certified and licensed physicians.
Within just a year of launching, Heal currently services all of California, has cared for more than 10,000 patients to date and is in network with Blue Shield of California, Anthem Blue Cross of California, Cigna Healthcare, Aetna and United Healthcare.
Heal is available for an in-network co-pay or an all-inclusive, flat rate $99 fee. Licensed physicians are available seven days a week, from 8 a.m. to 8 p.m., 365 days a year (including all major holidays) for anything a patient might require during a traditional office visit.
The pioneer in on-demand primary health services, Heal provides patients with affordable access to world-class physicians in the comfort of their home or office. Heal connects patients with fully vetted and licensed pediatricians and family practice doctors who arrive in under two hours and can see any member of the family for only $99 or an in-network co-pay. Visit www.heal.com or download the app from the iTunes App Store and Google Play store.
To view videos of the Heal experience and meet the Heal doctors, please visit Heal's YouTube channel.
About Tull Investment Group
Tull Investment Group provides capital for early to mid-stage companies dedicated to changing and enhancing lives. Focused on investments and strategy for businesses across the life science, media and technology sectors, Tull Investment Group has provided early funding to Magic Leap, Pinterest, Zoox and Oculus Rift, the latter which resulted in a lucrative exit to Facebook.
About Breyer Capital
Breyer Capital is a premier global venture capital and private equity investor focused on catalyzing high-impact entrepreneurs around the world. Founded by Jim Breyer in 2006, Breyer Capital makes long-term, idea-driven strategic investments in social media, entertainment media, digital health, financial technologies, data analytics, and artificial intelligence. The firm prides itself on maintaining an openness to experimentation that can lead to long-term breakthrough performance. For more about Breyer Capital, please visit breyercapital.com, Breyer Capital on Facebook, or Jim Breyer on Quora.
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