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HomeFinTechAvail Medsystems: Raises $100M in Series B Funding

Avail Medsystems: Raises $100M in Series B Funding

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  • Avail Medsystems, a Palo Alto, Calif.-based medical technology company pioneering telemedicine for the procedure room, raised $100m in Series B funding
  • The round was led by D1 Capital Partners, with participation from 8VC and existing investors
  • The company intends to use the funds to further expand its business reach
  • Avail Medsystems has developed Procedural TelemedicineTM technology that digitizes physical presence and enables HIPAA compliant collaboration
  • Then the system supported by the Avail Portal, a secure online platform used by a network of medical industry experts and physicians
  • The Portal allows users to manage schedules, update availability in real-time and collaborate and provides tools to support medical device representatives

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