Telehealth company American Well has raised $290.6m in a funding round that could reach $315m, according to a US Securities and Exchange Commission filing. The Boston-based company raised $81.2m series C funding in 2014. The latest funding is a combination of equity and other securities, including series C convertible preferred stock. In the last year, the firm has been working with healthcare providers on improving patient care through telemedicine, which allows patients or their family members to access medical information from anywhere they are connected by mobile
Telehealth company American Well has raised $290.6m in a funding round that could reach $315m, according to a US Securities and Exchange Commission filing. The Boston-based company raised $81.2m series C funding in 2014. The latest funding is a combination of equity and other securities, including series C convertible preferred stock. American Well, which develops software for virtual doctors, has acquired fellow telehealth provider Avizia this year.