One Medical

One Medical

Membership-based primary care with virtual services

About One Medical

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

Industries

Consulting

Healthcare

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

$544.8M

Headquarters

San Francisco, California

Founded

2007

Overview

One Medical provides a membership-based primary care service that focuses on making healthcare more accessible and convenient for individuals and employers. Patients pay an annual fee to access services such as same-day appointments and 24/7 virtual care, all managed through a mobile app that allows for easy appointment booking and communication with healthcare providers. This model combines in-person and virtual care, aiming to lower healthcare costs while enhancing the patient experience. One Medical differentiates itself from competitors by targeting tech-savvy urban populations and partnering with employers to offer these services as part of employee health benefits. The company's goal is to expand its presence in major metropolitan areas and increase its market share in the healthcare industry.

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Simplify's Take

What believers are saying

  • Increased demand for telehealth aligns with One Medical's virtual care offerings.
  • Employer-sponsored healthcare benefits boost demand for One Medical's services.
  • Expansion into beauty and wellness services presents new revenue opportunities.

What critics are saying

  • Competition from Amazon's health and beauty services may divert One Medical's customers.
  • Scrutiny over call center practices could harm One Medical's reputation.
  • Office closures in major cities may disrupt operations and affect morale.

What makes One Medical unique

  • One Medical offers a hybrid model combining in-person and virtual healthcare services.
  • The company focuses on a membership-based system for personalized and accessible care.
  • One Medical integrates technology to enhance patient experience and streamline healthcare processes.

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Funding

Total Funding

$544.8M

Above

Industry Average

Funded Over

10 Rounds

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

Benefits

Paid sabbatical for your 5th and 10th year

Paid health, vision, and dental insurance

PTO cash out program lets you get cash for up to 40 accrued PTO hours each year

Free One Medical memberships for you and three friends or family members

Pre-tax commuter benefits

Paid maternity and paternity leave at 100% of your base salary

Credit towards childcare

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

1%
Fierce Healthcare
Dec 10th, 2024
Hyro AI raises $35M series B with Healthier Capital's Amir Rubin

Hyro AI has brought in $35 million in an extension of its series B round, recently securing an investment from Healthier Capital, led by former One Medical CEO Amir Rubin.

PYMNTS
Nov 14th, 2024
Amazon’S Pay-Per-Visit Health Plan Adds Health And Beauty Services

Amazon has added new health and beauty-related services to its healthcare offering. The company announced Thursday (Nov. 14) that Amazon Prime members can now address things like hair loss, anti-aging and erectile dysfunction for a price as low as a respective $16, $10 and $19 per month. According to a company news release, the offering is an extension of the Amazon One Medical Pay-per-visit telehealth service, which offers care on a range of different conditions and the option of on-demand messaging visits with clinicians

Forbes
Oct 21st, 2024
Amazon's One Medical Partners With Cleveland Clinic

Amazon's One Medical partners with Cleveland Clinic.

WFAA
Oct 2nd, 2024
Amazon's One Medical expands North Texas footprint

Amazon's One Medical expands north Texas footprint.

Nava Benefits
Sep 20th, 2024
Nava and One Medical: streamlining access to quality healthcare

navabenefits.com partnered with One Medical because their approach to healthcare aligns with its mission to eliminate barriers and make it simpler for employees to access the medical care they need.

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