Canadian telehealth startup OnCall Health has raised 7.9M CAD in a Series A funding round held in September 2020, led by Base10 Partners along with participation from OnCall Health’s existing investors, Ripple Ventures, Panache Ventures, and Stout Street Capital.
The latest round brings the startup’s total funding to almost 10.5M CAD.
Capital raised in the funding round will be used to expand its reach across North America, enhance its available combinations and developer tools, and increase collaborations with payers and software merchants.
OnCall Health was founded in 2016 by Kihoon Terry Kwon and Nicholas Chepesiuk. The startup makes available virtual care software to healthcare providers. It also offers technology and services like security, support, analytics, computerized patient triage, billing, private label branding and more to over 600 healthcare institutions and 7000 basic care, mental health, and paramedical service providers.
Its telemedicine technology allows video or text-based sessions for healthcare. Consequently, it aims to simplify medical procedures and protect patient privacy. OnCall’s encryption allows experts like doctors, nurses, or therapists to improve access to services. The company currently operates in Canada and the United States.
The startup claims it has amplified the number of appointments arranged on its platform by 5x in terms of year-over-year growth. It has 30 full-time employees and hosts almost 1 million virtual healthcare appointments each year.
OnCall’s clientele includes GrowWise Health, Calgary West Central Primary Care Network, and the Centre for Addiction and Mental Health (CAMH) and Wellpoint Health, which is a provider of integrated absence management and professional health solutions and services to various organizations.
CEO Nicholas Chepesiuk was quoted to say, “COVID-19 has massively accelerated the pace of virtual care adoption and reinforced the need for every healthcare clinic, system, and brand to have a virtual care strategy.”
The startup had raised 2M CAD in a seed funding round held in 2019 from Ripple Ventures, Stout Street Capital, Panache Ventures and Maple Leaf Angels. As a part of its early-stage first fund in 2018, Ripple Ventures had also invested in OneCall Health
About Base10 Partners
San Francisco-based Base10 Partners is an early-stage venture firm investing in startups which bring automation to the traditional segments of the economy (i.e. automation of the real economy). Adeyemi Ajao and TJ Nahigian founded the VC firm which generally invests in companies dealing with including industrial logistics, consumer logistics, restaurants, financial services, and sales & customer service. Its range of investees includes ThePillClub, Virtual Kitchen Company, Acquire, PopMenu, and others.
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