Circle Medical

Circle Medical

Telehealth services for virtual medical consultations

About Circle Medical

Simplify's Rating
Why Circle Medical is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Consumer Software

Healthcare

Company Size

201-500

Company Stage

Acquired

Total Funding

$12.2M

Headquarters

San Francisco, California

Founded

2015

Overview

Circle Medical provides telehealth services that allow individuals to access healthcare without visiting a physical clinic. The company connects patients with licensed healthcare providers through secure video chat, enabling virtual consultations for general medical issues, annual wellness exams, well-woman exams, and COVID-19 testing assessments. This approach enhances accessibility and reduces the need for in-person visits, which is especially useful during public health crises. Circle Medical generates revenue through insurance reimbursements and out-of-pocket payments, accepting all major insurance plans and offering a transparent billing process. The company targets tech-savvy individuals who value convenience and efficiency in their healthcare experience.

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Simplify's Take

What believers are saying

  • Growing demand for telehealth post-COVID-19 boosts Circle Medical's market potential.
  • AI integration with HEALWELL enhances operational efficiency and patient outcomes.
  • Hybrid healthcare models offer flexibility, aligning with Circle Medical's service offerings.

What critics are saying

  • Integration challenges with HEALWELL's AI could disrupt operations if not managed well.
  • Strategic shifts from new AI leadership may impact current service delivery.
  • WELL Health's investment might lead to governance changes, causing internal disruptions.

What makes Circle Medical unique

  • Circle Medical offers both in-person and virtual healthcare services.
  • The company integrates AI to enhance electronic medical records and patient care.
  • Circle Medical accepts major insurance plans, ensuring broad patient accessibility.

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Funding

Total Funding

$12.2M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Flexible Work Hours

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Company Match

401(k) Retirement Plan

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Wellness Program

Mental Health Support

Professional Development Budget

Company Equity

Company News

Kilgore News Herald
Aug 13th, 2024
WELL Health's Circle Medical Provides Corporate Update, Exceeds $100M USD Revenue Run Rate with Profitability and Positions for Further Growth

Circle Medical recently appointed Miguel Jetté as its first Head of AI.

IRW Press
Mar 14th, 2024
HEALWELL AI Announces New Commercial Agreements with WELL HEALTH USA and Circle Medical, Bringing AI

HEALWELL's Khure has also partnered with U.S. based Circle Medical, a subsidiary of WELL Health (TSX: WELL), to integrate its proprietary AI platform with Circle's electronic medical record (EMR) system, expanding its footprint into the US.

Healthcare IT News
Sep 3rd, 2020
Circle Medical received financing of $14M in control investment on Sep 2nd 20'.

Circle Medical on Wednesday announced that it had received a majority control investment of $14.3 million from the Canadian firm WELL Health Technologies.

Well Company
Sep 1st, 2020
Well invests into Circlemedical

WELL Health (TSX: WELL) is expanding into the $3.6 trillion dollar US healthcare market through a $14M USD control investment in Circle Medical, a US technology leader and innovator in the delivery of quality telehealth and in-person healthcare experiences.

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