Leading tech-enabled healthcare company Rezilient Heath announced that it has closed a $10 million Series A funding round led by Govo Venture Partners with participation from Bridge Ventures, Acorn Pacific Ventures, The Council, Jim McKelvey (Co-Founder of Block, formerly Square), Mark and Robyn Jones (Founders of Goosehead Insurance), Jeremy Friese (Founder of Verata Health), and David Karandish (Founder of Answers.com).
With this funding round, Rezilient plans to bring concierge healthcare to more people regardless of their economic status and expand its scope of services. The funding shortly follows the announcement that Oklahoma State University partnered with Rezilient Health to provide a comprehensive multispecialty care benefit to faculty and staff at the newest CloudClinic location in Stillwater, OK.
Rezilient Health has also gained recognition as an innovator in the hybrid healthcare space for its CloudClinic model and same-day access to primary and specialty care. And beaming remote primary and specialty care physicians into CloudClinics means a shorter time to diagnosis and more timely treatment, plus a much more effective commercial model that helps physicians deliver better care.
Winter Park, Florida-based Govo Venture Partners invested in Rezilient’s Series A funding round through its first fund Govo Fund I. And Govo invests in early stage companies from the seed round through Series A for which doing business with governments or navigating government regulations is an important factor. Athlete Tim Tebow is a partner in the fund.
Rezilient members can access primary care, urgent care, specialty care, labs, and imaging all in one place. Bringing the entire healthcare system under one roof reduces the utilization of costly downstream care like emergency room and hospital visits. The result is a dramatic return on investment for employers’ bottom lines and for their employees’ health.
KEY QUOTES:
“Our Series A investment in Rezilient is the direct result of the company and its leadership exceeding all the goals expected at this stage. We deeply believe in the company’s mission, which is transforming the delivery of primary and multispecialty care in massive markets ripe for improvement.”
-Rob Panepinto, managing partner of Govo Venture Partners
“Our goal today is the same as on day one: flip the traditional healthcare model on its head and deliver care that centers a relationship between patients and their care team, in the communities that are typically overlooked by the innovation economy. This capital is not only a testament to our team’s commitment to our customers, partners, and the families we continue to serve, it also sets the foundation for rapidly growing our impact across more communities that are suffocating under the weight of the traditional U.S. healthcare industry.”
“We’re going beyond just solving short-term health problems. We’re creating the long-term doctor-patient relationships that are crucial for the best preventative care within an agile, distributed healthcare delivery system.”
-Dr. Danish Nagda, Rezilient’s CEO and Co-Founder
“Making every doctor available at every CloudClinic location meant that we broke fundamental assumptions in scheduling, messaging, and care delivery, and had to build our platforms from the ground up. Creating a model where every touchpoint — even in our CloudClinics — is digitally captured, has unlocked entirely new ways that we can drive value for our customers and the healthcare industry at large.”
-Jeff Gamble, PhD, Rezilient’s COO and Co-Founder
