Telehealth company Teladoc raises $50 million

Telehealth company Teladoc

Teladoc has raised $50 million, according to an SEC filing caught by MobiHealthNews, bringing the company’s total funding to about $96.6 million.

Existing investors include Kleiner Perkins Caufield & Byers (KPCB), Cardinal Partners, HLM Venture Partners, Trident Capital, and New Capital Partners.

Teladoc’s revenues range between $25 million and $100 million, the filing suggests, indicating they’ve grown from last year’s $20.5 million.

Similarly to other tele-health companies, Dallas, Texas-based Teladoc offers patients an alternative to a standard doctor’s visit. These virtual visits come in the form of one-on-one consultation with a doctor over phone or via video chat. Using the special software, the doctor can (sometimes) access a patient’s health records and send prescriptions for most medications, as long as it’s allowed by the patient’s state’s laws.

Last year, Teladoc acquired Miami Beach, Florida-based Consult A Doctor to allow small- and medium-sized businesses access to Teladoc’s patient-physician consult services.