Teladoc reported the completion of a $50.25 million financing round


XDATA – September 19th 2014

teladoc$50.25 million was raised by Teladoc following the successful placement and issuance of its unregistered equity securities. A total of forty investors participated to the non-brokered placement which started a little over a week ago. The company closed eight previous unregistered private placements which raised an estimated $40.6 million. The company is registered with the SEC under two distinct identification numbers.

Teladoc markets telehealth services. Through the company’s services patients consult with a physician via phone or secure online video to receive treatment for non-emergency medical issues, such as allergies, bronchitis, pink eye and sinus problems. The company is backed by Cardinal Partners, HLM Venture Partners, Kleiner Perkins Caufield & Byers, New Capital Partners, and Trident Capital.

The company is headquartered in Dallas TX. Revenues on or below $100 million were reported by Teladoc.
The executive team includes Daniel Trencher, Henry Dephillips, Jason Gorevic, Jeff Nadler, Kevin Williamson, Mark Hirschhorn, Mike King and Thomas Seaman.
The board of directors includes Arneek Multani, Dana G Mead, David B Snow, James Outland, Martin Felsenthal, Samuel Havens and Thomas Mckinley.

The company has raised an estimated total of $90.85 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: Teladoc
Industry: Other Health Care
Amount offered: $50.25 million
Amount placed: $50.25 million
First sale: 09-09-2014
Data as of: 09-18-2014

For more information visit www.XDATA.co

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