Daily Newsletter

04 October 2024

Daily Newsletter

04 October 2024

Rezilient Health secures funds to expand concierge healthcare access

Govo Venture Partners led the Series A funding round, with contributions from a consortium of investors.

Vishnu Priyan October 04 2024

Rezilient Health has secured $10m in a Series A funding round aimed at expanding the company's innovative approach to patient care.

US-based Govo Venture Partners led the funding round, with contributions from a consortium of investors. It invested in Rezilient through its Govo Fund I.

Its investment strategy is focused on early-stage companies, from seed round to Series A, that have a critical relationship with government regulations or business dealings.

In addition, the financing round saw participation from a diverse group of investors, including Bridge Ventures, The Council and Acorn Pacific Ventures. Notable individuals also involved included Block co-founder Jim McKelvey, Goosehead Insurance founders Mark and Robyn Jones, Verata Health founder Jeremy Friese, and Answers.com founder David Karandish.

This influx of capital is set to enable Rezilient to bring concierge healthcare to a broader audience, enhancing its service offerings across the economic spectrum.

Rezilient Health's CloudClinic model offers a one-stop solution for healthcare needs, including primary care, urgent care, speciality care, labs, and imaging.

By centralising these services, the company aims to reduce the need for more expensive care options, such as emergency room visits, thereby delivering a substantial return on investment for employers and improving health outcomes for employees.

The latest investment follows a partnership between Rezilient Health and Oklahoma State University, which aims to offer inclusive multi-speciality care benefits to university faculty and staff at the CloudClinic in Stillwater, OK.

Rezilient Health CEO and co-founder Dr Danish Nagda said: “Our goal today is the same as on day one: flip the traditional healthcare model on its head and deliver care that centres a relationship between patients and their care team, in the communities that are typically overlooked by the innovation economy.

“This capital is not only a testament to our team's commitment to our customers, partners, and the families we continue to serve but it also sets the foundation for rapidly growing our impact across more communities that are suffocating under the weight of the traditional US healthcare industry.”

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