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

Fintech, AI & Machine Learning, Healthcare

Total Funding

$55M

Headquarters

Houston, Texas

Founded

2021


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Simplify's Take

What believers are saying

  • RepeatMD surpassed 1 million users, ranking in the Top 200 shopping apps.
  • The partnership with BENEV enhances patient experience and industry innovation.
  • Secured $50M funding to automate revenue generation in aesthetics and wellness.

What critics are saying

  • Increased competition from similar SaaS platforms may dilute market share.
  • Reliance on partnerships like Affirm poses risks if partnerships dissolve.
  • Rapid growth may lead to operational challenges and resource strain.

What makes RepeatMD unique

  • RepeatMD offers a unique mobile rewards platform for Med Spas and wellness practices.
  • The company integrates AI to automate patient engagement and optimize treatment intervals.
  • RepeatMD provides customized mobile apps, enhancing patient loyalty and practice revenue.

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Growth & Insights
Headcount

6 month growth

-10%

1 year growth

-13%

2 year growth

20%

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