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

General Medicine Overview

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

United StatesSalt Lake City, UT

Status

Privately held

Customer focus

B2C

Revenue model

Services

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

General Medicine funding rounds
DateStageInvestorsRaisedDeal Summary
Oct 2026Series BAndreessen Horowitz (lead)$120MGeneral 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 2025Series AMatrix Partners (lead); BoxGroup; VXI Capital; JSL Health Capital; Founder Collective$32MGeneral 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

Investors in General Medicine by funding rounds participated
InvestorHQRoundsRoleFirst check
BoxGroupUnited StatesNew York City, NY1ParticipantMay 2025
Matrix PartnersUnited StatesBoston, MA1LeadMay 2025
Andreessen HorowitzUnited StatesSan Francisco, CA1LeadOct 2026
VXI CapitalUnited StatesBoston, MA1ParticipantMay 2025

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General 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.

Public and private companies comparable to General Medicine
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
HCA HealthcareUnited StatesUnited StatesPublicly listed$76B$16B$103B2.0x
AlconSwitzerlandSwitzerlandPublicly listed$10B$2.6B$36B3.7x
FreseniusGermanyGermanyPublicly listed$26B$4.1B$33B1.7x
Tenet HealthcareUnited StatesUnited StatesPublicly listed$21B$4.5B$23B1.7x
Luz SaudePortugalLisbonPrivate-$333M$3.2B-
New Frontier HealthHong KongHong KongPrivate--$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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
HCA Healthcare$76B$16B2.1x2.0x10.2x10.0x
Alcon$10B$2.6B3.9x3.7x15.3x13.9x
Fresenius$26B$4.1B1.7x1.7x10.8x10.1x
Tenet Healthcare$21B$4.5B1.7x1.7x8.3x7.4x
Dr. Sulaiman Al Habib$3.7B$927M6.1x5.4x24.1x22.5x
IHH Healthcare$6.4B$1.5B3.3x3.0x13.9x13.7x
Encompass Health$5.9B$1.4B2.9x2.7x12.2x12.3x
Rede D'Or São Luiz$10B$1.2B1.6x1.4x13.1x7.5x

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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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