Telehealth

The company will use the funds to grow its offerings, including its teletherapy platform, and expand its reach nationally.

Amazon employees in 50 countries outside the U.S. and Canada will have access to Maven Clinic's fertility and family-building services with local resources.

The round brings the virtual care company's total raise to $205 million.

It expects continued long-term growth in the demand for virtual care services post-pandemic.

The company reported a 19% increase in revenue in the second quarter of this year compared to the prior year, driven by an 82% increase in B2B revenue.

The New York-based company reported a 10% increase in revenue, boosted by an 18% gain from BetterHelp to $292.4 million.

It recently obtained a 510(k) clearance from the US and funding for its expansion in Southeast Asia.

The agencies contacted 130 health systems and telehealth providers by mail to emphasize the potential HIPAA risks of using Meta/Facebook pixel and Google Analytics tracking tools that may be "impermissibly disclosing" protected health information.  

The partnership allows cancer patients to access coordinated in-home care that includes their cancer care team and the two companies.

The expanded partnership allows clinical documentation from virtual care visits to be automatically generated using Microsoft's AI capabilities, including GPT4.