NexHealth, headquartered in San Francisco, California, provides a comprehensive patient experience platform for healthcare providers. Founded in 2016 by Alamin Uddin and Waleed Asif, the company has raised $197.2 M from investors, including Buckley Ventures and individual angel investors like Lachy Groom and Shreyas Doshi. With a valuation of $1 billion, NexHealth streamlines healthcare operations through appointment scheduling, online forms, automated reminders, online payments, and patient reviews, all integrated with practice management systems and EHRs for real-time bidirectional sync.
What Is NexHealth and What Does It Do?
NexHealth, founded in 2016 by Alamin Uddin and Waleed Asif, is headquartered in San Francisco, California. The company offers a robust healthcare IT platform that enhances patient experiences and simplifies administrative workflows for medical practices.
The platform includes features such as real-time online booking, automated appointment reminders, secure payments, online forms, and patient feedback tools. By integrating seamlessly with EHRs and practice management systems, NexHealth ensures efficient, real-time data flow across healthcare providers.
With a team of 101-250 employees, NexHealth continues to innovate in digital health, connecting patients, doctors, and developers through its integrated solutions.
How Much Funding Has NexHealth Raised?
1. Pre-Seed Round
- Amount Raised: $20K
- Date: February 2016
- Motivation: To kickstart the development of the platform.
2. Pre-Seed Round
- Amount Raised: $391K
- Date: August 2016
- Motivation: To further develop the platform and expand initial operations.
3. Seed Round
- Amount Raised: $1.2M
- Date: January 2017
- Lead Investors: DeNA, iSeed Ventures
- Motivation: To support early-stage growth and product development.
4. Seed Round
- Amount Raised: $391K
- Date: January 2017
- Motivation: To continue scaling the platform and enhancing features.
5. Seed Round
- Amount Raised: $4.2M
- Date: September 2019
- Lead Investors: Point Nine
- Motivation: To drive adoption among small- and medium-sized practices and amass health records.
6. Series A
- Amount Raised: $15M
- Date: June 2020
- Lead Investors: Buckley Ventures, Josh Buckley
- Motivation: To support initial growth and develop the company’s data-sharing infrastructure.
7. Series B
- Amount Raised: $31M
- Date: June 2021
- Lead Investors: Buckley Ventures, Jeffrey Katzenberg, Josh Buckley
- Motivation: To drive adoption among practices and amass health records.
8. Series C
- Amount Raised: $125M
- Date: April 2022
- Lead Investors: Buckley Ventures
- Motivation: To expand the workforce, commercialize products for developers, and simplify healthcare data access.
Total Funding Raised: $197.2 Million
Current Valuation: $1 Billion (as of April 2022)
Latest Funding Date: April 2022
Key Investors
1. Buckley Ventures
- Details: Venture capital firm led by tech entrepreneur Josh Buckley.
- Investment Focus Areas: Technology, healthcare innovation, data infrastructure
- Notable Investments: NexHealth
2. Lachy Groom
- Details: Early Stripe hire and individual investor in fintech and tech startups.
- Investment Focus Areas: Fintech, technology startups, innovative solutions
- Notable Investments: Stripe, NexHealth
3. Shreyas Doshi
- Details: Early Stripe hire and individual investor in fintech and tech startups.
- Investment Focus Areas: Fintech, technology startups, innovative solutions
- Notable Investments: Stripe, NexHealth
Where Is NexHealth’s Headquarters?
NexHealth is headquartered in San Francisco, California, providing access to a vibrant tech ecosystem, healthcare innovation hubs, and top engineering talent.
What’s Next for NexHealth?
NexHealth is positioned for accelerated growth with its $125M Series C funding. The company plans to expand digital health solutions, including one-click appointment booking, HIPAA-compliant messaging, and deeper integration with EHRs and practice management systems. Increasing demand for seamless patient experiences presents a significant opportunity for NexHealth to scale operations, attract new healthcare providers, and continue innovating in the healthcare technology sector.
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