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Venture Capital News: Ringadoc Dials Up $700K More Seed Funding

2013-05-16
SAN FRANCISCO, CA, Leading innovator in doctor-patient communication raised an additional $700,000 in seed funding.
Ringadoc, the nation's leading innovator in doctor-patient communication has proven that doctors are looking to leverage technology to increase office efficiency and simplify doctor-patient engagement. Ringadoc's cloud-based automated answering service has now successfully handled over 100,000 calls for practices across the country as they have raised an additional $700,000 in seed funding.

This closes their seed round, led by Founders Fund's seed vehicle FF Angel, at a total of $1.9 million. Los Angeles based Siemer VC, Telegraph Hill Group, and Dr. Lyle Dennis (Chief of Neurology at Bon Secours Health System) join other notable investors in the round including Ryan Howard (Founder and CEO of Practice Fusion) and Sharon Knight (Former President of One Medical Group).

Ringadoc is changing the way doctors manage out-of-office communication by giving doctors the filter they need to separate their professional lives from their personal lives. Ringadoc empowers doctors to triage patients before speaking to them on the phone or via a costly office visit. With the upcoming onslaught of 30-40 million new patients in 2014, doctors will be scrambling for new ways to increase practice efficiency while leading to better patient outcomes, Ringadoc allows doctors to do both and quickly access all their after-hours communication on any device anytime, anywhere through their innovative answering service.

"By streamlining after-hours communication, we've created a simple solution to what is currently a huge pain point for doctors and their staff. Ringadoc reduces the human error associated with costly answering services and live operators by allowing the doctor to hear the patient's issue in their own voice and words. At that point the doctor is empowered to decide how they would like to respond to that message," says CEO and Co-Founder Jordan Michaels. "We're capturing and centralizing valuable, real-time conversations between doctors and patients that are an instrumental part of the healthcare conversation, previously overlooked until now."

Ringadoc adds an additional $700,000 in seed funding from institutions Siemer VC and Telegraph Hill Group as well as notable angel investors.

To date, Ringadoc has raised $1.9m in seed funding led by Founders Fund's seed vehicle FF AngelRingadoc's doctor-patient communication platform has now successfully handled over 100,000 calls

By switching to Ringadoc, doctors have now saved over $500,000 in six months Ringadoc gives doctors the control to respond to after-hours messages from any device, instantly for only $49/month with a one-month free trial Doctors interested in signing up should visit ringadoc.com

"Ringadoc has identified a way to create efficiencies for physicians while still providing quality care for patients" says Dan Chen, Managing Director of Siemer VC. "They enable physicians and other healthcare providers to be more productive, which will be extremely important in a reimbursement environment that will become increasingly challenging in the future."

With this funding, Ringadoc will continue to expand its offering to physicians offices around the country as well as further improve the functionality and control it provides to doctors to filter out-of-office communication.

Ringadoc simplifies communication between doctors and patients. Ringadoc empowers doctors, giving them the ability to triage patients, centralize communications, and manage their after-hours calls on any device. Based in San Francisco, Ringadoc is backed by top Silicon Valley investors including FF Angel. To learn more about Ringadoc, visit ringadoc.com.
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