Funding round
VillageMD Series A
VillageMD, which works in primary care services in United States, raised $36M in a Series A round announced on 16 Sep 2015, led by Oak HC/FT. 1 firm took part. It is VillageMD's first venture round on record.
$36M
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 is VillageMD's first venture round on record, 2 years after it was founded in 2013. It is 7.3% of the $491M VillageMD has raised in the venture rounds on record. VillageMD raised again 28 months later: a Growth round of $80M in Jan 2018.
VillageMD's funding rounds
VillageMD has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
Oak HC/FT led the round.
Lead investor
- Oak HC/FT backs 106 venture-backed companies new investor
Joined the board: Ann Lamont (Oak HC/FT).
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion, sales and marketing, scaling operations and working capital.
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: Series A rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Psychologists & Counseling Services | 21 Sep 2015 | $35M | not disclosed | not named |
| Tech Companies | 15 Sep 2015 | $33M | not disclosed | Vector Capital |
| Pharmaceutical Products | 10 Sep 2015 | $31M | not disclosed | New Science Ventures |
| Biotechnology | 29 Sep 2015 | $31M | not disclosed | Sofinnova Partners |
| Aerospace and Defence | 16 Sep 2015 | $15M | not disclosed | Global Brain |
| Insurance - Agents, Carriers & Brokers | 16 Sep 2015 | $14M | not disclosed | Social Capital |
| Computer Repair & Service | 16 Sep 2015 | $13M | not disclosed | Madrona |
| Investment Consultants & Financial Advisors | 10 Sep 2015 | $12M | not disclosed | Arbor Ventures |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did VillageMD raise in its Series A round?
VillageMD raised $36M in its Series A round, announced in Sep 2015.
Who led VillageMD's Series A round?
Oak HC/FT led it.
What was VillageMD's valuation at the Series A round?
It was not disclosed.
Did VillageMD raise again after this round?
Yes: a Growth round in Jan 2018 of $80M.