RepeatMD

RepeatMD

Mobile rewards platform for medical practices

About

RepeatMD assists medical practices, particularly Med Spas, in boosting their revenue through a mobile rewards platform. They create customized mobile apps that allow patients to purchase treatments and memberships while earning rewards, enhancing patient engagement and loyalty. The company stands out by using artificial intelligence to automate patient reminders and facilitate referrals, which helps practices retain patients and attract new ones. RepeatMD's goal is to provide a comprehensive solution that streamlines the purchasing process and increases sales for medical practices.

Company Stage

Series A

Employees

51-200

Industries

Consumer Software, AI & Machine Learning, Healthcare

Total Funding

$55M

Headquarters

N/A

Founded

2021


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Simplify's Take

What believers are saying

  • Securing $50 million in Series A funding positions RepeatMD for significant growth and technological advancements.
  • Partnerships with industry leaders like BENEV enhance its credibility and expand its market reach.
  • Winning the Technology Innovation of the Year Award twice underscores its commitment to innovation and industry leadership.

What critics are saying

  • The niche focus on Med Spas may limit market expansion opportunities.
  • Dependence on partnerships for patient financing and other services could pose risks if these partnerships dissolve.

What makes RepeatMD unique

  • RepeatMD's focus on Med Spas and high-margin treatments sets it apart from general healthcare platforms.
  • The integration of patient financing through Affirm and AI-driven engagement automation provides a comprehensive solution for revenue generation and patient retention.
  • Achieving over one million users and ranking in the Top 200 shopping apps highlights its strong market presence and user adoption.

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Growth & Insights
Headcount

6 month growth

-14%

1 year growth

-8%

2 year growth

17%

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