Irvine-Based Telemedicine Company Jio Health Raises $5 Million

By Noah Long • Apr 1, 2019

Irvine, California-based Jio Health is a service that helps you see doctors at home, offices, and online. Recently, Jio Health announced it raised $5 million in Series A funding led by Monk’s Hill Ventures. Founded by Raghu Rai, Jio Health combines its technology with clinical services to provide consumers with a complete ecosystem of care benefits including home doctor visits, nursing services, pharmacy delivery, lab collections, and telemedicine.

“We are grateful to Monk’s Hill Ventures for privileging us with the support and resources to accelerate our growth and expansion. We look forward to working with Monk’s Hill’s team as we scale our operations and capabilities to meet the growing need for quality, affordable healthcare in the region,” said Jio Health co-founder and CEO Raghu Rai.

Since affordable high-quality healthcare remains out of reach for many people in regions across Southeast Asia, consumers are often confronted with congested hospitals and poor care quality. And they have to wait for hours to see a doctor even if it is just for a two-to-three minute session.

Jio Health offers consumers affordable and on-demand access to the full spectrum of healthcare including pediatrics, primary care, and chronic disease management by using proprietary systems and technologies for scaling and optimizing care delivery.

Last year, Jio Health experiences exponential growth as it completed several thousand home visits and checkups. And now the company is looking to scale its provider team and clinical operations across Vietnam.

“Jio Health is in the business of delivering trusted healthcare. We are deeply humbled by the scale and impact of the challenge, and are excited to be working with Raghu and the Jio team to address this opportunity,” added Monk’s Hill Ventures managing partner Kuo-Yi Lim — who is joining the board at Jio Health.