AmplifyMD Secures $20M to Scale AI-Driven Virtual Specialty Care

What You Should Know: 

– AmplifyMD, an integrated virtual care solution provider secures $20M in Series B funding led by Forerunner Ventures with participation from F-Prime, Greylock, Tau Ventures, and strategic partner Memorial Hermann Health System.

– The funding will be used to accelerate AmplifyMD’s AI-driven platform capabilities and advance sustainable clinical coverage for hospitals facing pressure to do more with less.

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AI-Driven Virtual Specialty Care

Since its launch in 2019, AmplifyMD has established itself as a leader in delivering seamlessly integrated multispecialty virtual care across any clinical setting. The platform achieves this through its EHR-integrated, AI-enabled platform and an integrated clinical network covering over 15 medical specialties.

AmplifyMD transforms fragmented data and limited provider capacity into coordinated, systemwide coverage. The platform brings essential patient information to the point of care and uses intelligent distribution to extend providers across multiple sites and departments.

AmplifyMD’s platform is producing significant, measurable outcomes for its health system partners:

TeleStroke Operational Costs: A 52% reduction in TeleStroke operational costs.TeleHospitalist Efficiency: A 2x increase in TeleHospitalist cross-cover consults per shift.Access to Care: Outpatient specialty care wait times have been cut from months to days.

Strategic Future and Expansion

With this new capital, AmplifyMD plans to scale to meet a broader set of needs for its health system partners, helping organizations turn virtual coverage into a sustainable advantage. The investment will accelerate the development of AI and clinical workflow capabilities, enable deeper strategic partnerships across its health system footprint, and fuel long-term care delivery transformation across the country.

“Over the past few years, we’ve seen just how transformational our solutions can be,” said Meena Mallipeddi, CEO and Co-founder of AmplifyMD. “Health systems using our platform, and when needed, our physician network across 15+ fields, are proving it’s possible to deliver care that is faster and more sustainable, with less strain on existing resources.”