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- General Medicine
General Medicine Funding, Investors & Competitors
General Medicine has raised $152M across 2 funding rounds, most recently a $120M Series B in October 2026.
Last General Medicine funding round
$120M
Series B · Oct 2026
Cumulative funding General Medicine raised
$152M
across 2 funding rounds
Key investors in General Medicine
Andreessen Horowitz
BoxGroup
Matrix Partners
Founder Collective
JSL Health Capital
VXI Capital
About General Medicine
General Medicine is a telemedicine provider offering virtual primary care consultations, lab orders, and prescription management. The platform connects patients to board-certified physicians for urgent care and chronic condition support without appointments. Operating nationwide in the U.S., General Medicine facilitates specialist referrals and imaging services through its app-based system launched in 2020.
Founded
2023
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Services
Sectors
General Medicine Funding History
General Medicine has raised a total of $152M across 2 funding rounds.
General Medicine's first fundraising round was a $32M Series A in May 2025. The most recent completed round was a $120M Series B in October 2026.
General Medicine funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Oct 2026 | Series B | Andreessen Horowitz (lead) | $120M | General Medicine raised USD 120 million in Series B funding led by Andreessen Horowitz in October 2026, with participation from BoxGroup, Eli Lilly & Company Foundation, Granger Management LLC, Matrix, and VXI Capital. General Medicine, founded in 2023 and headquartered in San Francisco with operations in Salt Lake City, operates a digital healthcare platform offering virtual visits, lab tests, imaging, specialist referrals, and medications. The platform serves patients with transparent pricing and accepts most insurance. Services span everyday healthcare (UTI evaluations, allergies, birth control consultations), weight management programs, specialty care (dermatology, urology, neurology), and prescription services with competitive pricing across 50,000+ pharmacies. The Series B funding supports expansion of the platform to serve more patients with accessible, transparent healthcare. |
| May 2025 | Series A | Matrix Partners (lead); BoxGroup; VXI Capital; JSL Health Capital; Founder Collective | $32M | General Medicine is a healthcare platform founded by three former Amazon executives—Ashwin Muralidharan (CEO), Elliot Cohen, and T.J. Parker (co-founders of PillPack, acquired by Amazon in 2018). The company positions itself as a healthcare store, combining telehealth, diagnostics, specialist referrals, pharmacy, labs, and imaging to simplify medical care access with transparent, upfront pricing. On May 22, 2025, General Medicine closed a $32 million Series A funding round. The funding will enable the company to scale capacity, expand its range of shoppable healthcare services, and broaden its reach across the United States. Patients can either request specific services directly or use open-ended text messaging to be matched with appropriate care, with all services offered at transparent pricing. The company aims to streamline and democratize access to high-quality care by making healthcare as straightforward as online retail with seamless logistics. |
Who has invested in General Medicine?
6 investors have backed General Medicine across its funding rounds, including Andreessen Horowitz, BoxGroup, Matrix Partners, Founder Collective, JSL Health Capital and VXI Capital.
Lead investors include Andreessen Horowitz and Matrix Partners.
General Medicine Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | May 2025 | ||
| 1 | Lead | May 2025 | ||
| 1 | Lead | Oct 2026 | ||
| 1 | Participant | May 2025 | ||
This data is available for Pro users. Sign up to see all 6 General Medicine investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialGeneral Medicine Competitors
General Medicine competitors include listed companies like HCA Healthcare, Alcon, Fresenius and Tenet Healthcare, and private ones like Luz Saude and New Frontier Health.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $76B | $16B | $103B | 2.0x | ||
| Publicly listed | $10B | $2.6B | $36B | 3.7x | ||
| Publicly listed | $26B | $4.1B | $33B | 1.7x | ||
| Publicly listed | $21B | $4.5B | $23B | 1.7x | ||
| Private | - | $333M | $3.2B | - | ||
| Private | - | - | $1.9B | - |
General Medicine Public Comps
General Medicine is still privately-owned, but its public comps include HCA Healthcare, Alcon, Fresenius, Tenet Healthcare, Dr. Sulaiman Al Habib, IHH Healthcare, Encompass Health, Rede D'Or São Luiz, Apollo Hospitals and Aier EYE Hospital Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $76B | $16B | 2.1x | 2.0x | 10.2x | 10.0x | |||
| $10B | $2.6B | 3.9x | 3.7x | 15.3x | 13.9x | |||
| $26B | $4.1B | 1.7x | 1.7x | 10.8x | 10.1x | |||
| $21B | $4.5B | 1.7x | 1.7x | 8.3x | 7.4x | |||
| $3.7B | $927M | 6.1x | 5.4x | 24.1x | 22.5x | |||
| $6.4B | $1.5B | 3.3x | 3.0x | 13.9x | 13.7x | |||
| $5.9B | $1.4B | 2.9x | 2.7x | 12.2x | 12.3x | |||
| $10B | $1.2B | 1.6x | 1.4x | 13.1x | 7.5x | |||
This data is available for Pro users. Sign up to see all General Medicine competitors and their valuation data. Start Free Trial | ||||||||
Common questions about General Medicine
| When was General Medicine founded? | General Medicine was founded in 2023. |
| Where is General Medicine headquartered? | General Medicine is headquartered in Salt Lake City, UT, United States. |
| Is General Medicine publicly listed? | No, General Medicine is a private, VC-backed company. |
| How much funding has General Medicine raised? | General Medicine has raised $152M across 2 funding rounds. |
| What was General Medicine's last funding round? | General Medicine's last funding round was a $120M Series B in October 2026, led by Andreessen Horowitz. |
| Who are General Medicine's investors? | General Medicine's investors include BoxGroup, Matrix Partners, Andreessen Horowitz, VXI Capital, JSL Health Capital and Founder Collective. |
| Which companies are comparable to General Medicine? | Companies comparable to General Medicine include HCA Healthcare, Alcon, Fresenius, Tenet Healthcare, Luz Saude and New Frontier Health. |
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