Funding round
VillageMD Growth
Reported as "Growth Equity"
VillageMD, which works in primary care services in United States, raised $80M in a Growth round announced on 4 Jan 2018, led by Athyrium Capital Management. 1 firm took part. It is VillageMD's second venture round on record; the one before was a Series A in Sep 2015.
$80M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
VillageMD did not disclose a valuation in this round. It came 28 months after VillageMD's Series A. It is 16% of the $491M VillageMD has raised in the venture rounds on record. VillageMD raised again 20 months later: a Series B round of $100M in Sep 2019.
VillageMD's funding rounds
VillageMD has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
Athyrium Capital Management led the round.
Lead investor
- backs 9 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, scaling operations and working capital.
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time, other companies' Growth rounds in Clinics - Surgeons & Physicians:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Clinics - Surgeons & Physicians | 18 Dec 2017 | undisclosed | not disclosed | TA Associates |
| Clinics - Surgeons & Physicians | 29 Nov 2017 | $83M | not disclosed | not named |
| Clinics - Surgeons & Physicians | 14 May 2018 | undisclosed | not disclosed | Spindletop Capital |
| Duly Health and Care Clinics - Surgeons & Physicians | 15 Aug 2017 | $1.45B | not disclosed | Ares Management |
Sources
Where this comes from
Reported by 2 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did VillageMD raise in its Growth round?
VillageMD raised $80M in its Growth round, announced in Jan 2018.
Who led VillageMD's Growth round?
Athyrium Capital Management led it.
What was VillageMD's valuation at the Growth round?
It was not disclosed.
Did VillageMD raise again after this round?
Yes: a Series B round in Sep 2019 of $100M.