JMI Equity Invests $60M in TimelyMD to Expand Telehealth for Colleges
January 26, 2021
JMI Equity has made a $60 million growth equity investment in TimelyMD to accelerate the Fort Worth-based telehealth provider’s expansion of virtual medical and mental health services for colleges and universities. The funding will be used to enhance TimelyMD’s virtual care technology, increase access to teletherapy across campuses, and grow the team to meet rising demand from higher-education partners.
- Buyers
- JMI Equity
- Targets
- TimelyMD
- Industry
- Healthcare Services
- Location
- Texas, United States
- Transaction Type
- Growth capital
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