Funding

One Medical Group raises $65M

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What does One Medical Group do?

One Medical Group, is an innovative primary care practice. The company challenges the notion which delivers high quality, accessible health care which is either very expensive or unachievable. The company is proving that just the opposite is possible, where quality care is available and affordable to everybody. In order to bring this vision to life, the company relies on customer centred design, smart application of technology and a team of talented primary care providers who have the time and the tools necessary for making the right decisions.  The integration of these elements allows them for offering a seamless experience which not only saves their patients and money but also leads to better health outcome and a happier life.

How much One Medical Group was funded?

One Medical Group raised $65M on December 8, 2015 from J.P. Morgan Asset Management.

Previous funding

  • $3.5M in Series B on January 1, 2007 from Benchmark
  • $8M in Series C on January 1, 2008 on Benchmark and DAG Ventures
  • $15M in Series D on January 1, 2009 on Oak Investment Partners, Benchmark and DAG Ventures
  • $20M in Series E on September 2, 2011 from DAG Ventures, Benchmark, Oak Investment Partners and Maverick Capital
  • $30M on March 23, 2013 from GV, Oak Investment Partners, Maverick Capital and Benchmark
  • $40M on April 17, 2014 from DAG Ventures, Redmile Group, Oak Investment Partners, Maverick Capital, Benchmark and  GV.

What is next for One Medical Group?

The company is fuelling further expansion into other markets nationally and will use the funding for investing in its enterprise solutions and mobile technology platform. The company also has plans for further expanding its digital health offering.

More about One Medical Group

One Medical Group was founded in 2007 by Tom X. Lee, MD. It has its headquarters in San Francisco, CA. The company was started by the best trained physicians in the country. The company has a team of great health care providers, allowing them to practice medicine the way it has to be.

 

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