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Sector: Telemedicine

Date of Investment: June 2015 

Location: Miramar, FL

MDLIVE Inc. is a visionary and pioneer in the digital delivery of high-quality, convenient, cost-efficient virtual care for medical, dermatological and behavioral health conditions. The company provides consumers, health plans, health systems and self-insured employers with 24/7/365 access to its network of board-certified doctors and licensed therapists via secure online video, and phone through the MDLIVE service and technology platform. In 2017, Canaccord estimated that the addressable market for telemedicine is over $30 billion. Charles Snowden Jones, Managing Partner and Founder of Bedford Funding, currently serves as the CEO of MDLIVE. On February 26, 2021, Evernorth, a subsidiary of Cigna, agreed to acquire MDLIVE.

Cigna and Evernorth Executives Discuss MDLIVE Acquisition:

MDLIVE application provides video, voice or text telemedicine services

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