RepeatMD, a Houston, TX-based SaaS company, secured $50 million in a Series A funding round that included $10m in debt financing.
The latest funding round was co-led by Centana Growth Partners and Full In Partners, with participation from PROOF, Mercury Fund, and others. The debt facility was from Silicon Valley Bank.
Centana Growth Partners is a specialized growth equity firm that invests in the future of finance, with a global investment mandate, and offices in Palo Alto, New York, and San Francisco.
Full In Partners is a NYC-based growth equity firm founded in 2019. The firm is focused on backing high-velocity, high-efficiency software, and internet businesses while building better outcomes through proactive operational and strategic support.
RepeatMD Use of Funds
The funds will be used to expand the company's Inbound Revenue Platform, which leverages AI to boost sales for aesthetic and wellness practices.
RepeatMD is a B2B software company that specializes in creating fintech and patient engagement solutions for the healthcare market. RepeatMD helps Aesthetic and Wellness practices grow their businesses through its innovative Inbound Revenue Platform that automates revenue generation. Its features include robust ecommerce solutions, mobile rewards, memberships, customized marketing campaigns, and a comprehensive digital treatment catalog. The platform already provides turnkey solutions to over 2,500 medical, aesthetic, and wellness practices across the US.
Company: RepeatMD, Inc.
Round: Series A
Funding Month: November 2023
Lead Investors: Centana Growth Partners and Full In Partners
Additional Investors: PROOF, Mercury Fund , Silicon Valley Bank
Company Website: https://www.repeatmd.com/
Software Category: Fintech and Patient Engagement Solutions