EngagedMD, a Washington, DC-based global technology company serving both clinics and patients in the fertility space, announced that it raised $11 million in a funding round led by MonCap.
The investment will strengthen the company's global presence and fuel expansion into other healthcare verticals.
This funding will support its growth as they work to make better care more accessible to even more patients. EngagedMD has big plans to continue developing its products to serve better providers and patients navigating a complex fertility journey and expand its platform into other medical specialties.
Taylor Stein co-founder of EngagedMD, said, "We are excited to partner with MonCap on EngagedMD's next chapter of growth," said Stein. "MonCap has a proven track record of adding value, and their expertise will help us further our mission of making patients' and providers' lives easier."
Jeff Issner co-founder of EngagedMD, noted, "We will use these funds to continue developing products that support providers and patients navigating a complex care journey. We also look forward to expanding our platform into other specialties in our relentless journey to make healthcare more efficient and effective."
EngagedMD offers eLearn and eSign solutions for the fast-growing fertility sector. Currently, it supports more than half of all patients in the U.S., U.K., and Canada through its cloud-based SaaS platform that empowers patients and providers to collaborate and make informed decisions easily.
EngagedMD welcomes Jonathan Sockol, Managing Partner of MonCap, to the company's board as part of the investment.
Company: Engaged MD, Inc.
Funding Month: October 2022
Lead Investors: MonCap
Company Website: https://engaged-md.com/
Software Category: eLearn and eSign solutions
About the Company: Founded by Jeff Issner and Taylor Stein, EngagedMD is a market leader in the fertility space, its software integrates premium patient education and engagement into existing clinical workflows, which reduces clinical burden while improving patient experiences and outcomes. Its mission is to empower patients and providers to elevate the healthcare experience. By modernizing patient education and informed consent, EngagedMD aims to improve health outcomes, increase patient satisfaction, reduce costs, and enable providers to focus on what matters.