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Khosla Ventures leads $24m Series B for mobile health platform HealthTap

9 May 2013

US mobile health platform HealthTap has raised $24m in Series B financing. Khosla Ventures led the round, in which prior investors Mayfield Fund and Mohr Davidow Ventures also participated.

HealthTap’s new financing represents one of the most substantial series B investments to date in the digital health industry, said said Ron Gutman, HealthTap’s Founder and CEO.

“HealthTap has become the largest digital platform of engaged doctors and users creating a massive shift in how people interact with doctors and access healthcare,” said Gutman. “The new investment and our relationship with Khosla Ventures will help us quickly build on and grow what has become the new paradigm in health information and care.”

As part of the deal Khosla partner Keith Rabois will join HealthTap’s board of directors, and Vinod Khosla will join as an advisor.

“Everyone will soon become the CEO of their own health,” said Rabois. “HealthTap, with its phenomenal growth in combination with its unique technology, has the potential to become the triaging platform for everyone’s health. I am excited to work with the HealthTap team as the company scales to provide people with unparalleled immediate access to the most trusted medical knowledge, doctors, and health services.”

“In its current state, our healthcare system is expensive, difficult to access, and error prone,” added Vinod Khosla, founder of Khosla Ventures. “On the brink of a massive reform in healthcare, dedicated, bright entrepreneurs and technologists can bring a great deal to the table by developing creative, forward thinking solutions that leverage health care professionals. HealthTap is at the forefront of this development, improving patient care by creating quick, easy, and affordable access to doctors everywhere.

“The future of healthcare is at the confluence of big data, smart algorithms, and simple-to-use interfaces that will provide amplification of our MD’s resources: HealthTap is breaking ground in all three, and we’re excited to help them make their compelling vision a transformative reality.”

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