Austin-based Remedy Lands $10 Million in Funding from Austin-based Sante Ventures

Remedy, a healthcare service provider, announced Wednesday that it has raised $10 million.

The Austin-based company plans to use the funding to expand its technology platform and to recruit new employees.

Remedy is focused on simplifying access to urgent and primary care. It has created a proprietary technology-enabled telemedicine portal, which it combines with house call doctor visits and walk-in clinics.

Austin-based Santé Ventures led the round along with Dr. Joe Cunningham, a nationally recognized expert in healthcare delivery systems and Doug French, a Fellow in the American College of Healthcare Executives who has published and spoken extensively on healthcare collaboration and reform. They are both Managing Directors at Santé Ventures and will join Remedy’s Board.

“We instantly connected with Santé’s values,” Dr. Jeremy Gabrysch,

Founder and CEO at Remedy, said in a news release. “The relationships and expertise Santé brings as physicians, former chief executives of large healthcare systems and early and steadfast investors in companies that are revolutionizing healthcare is invaluable. More than anything, we share a passion for better quality and access for patients.”

Remedy’s platform helps people find alternatives to visiting the emergency room. The company cited a study from Truven research, that shows as many as 71 percent of emergency department patients are seen for conditions that could be handled at non-emergency facilities.

Remedy’s platform has expanded to include 24/7 access to nurse triage, lab test visits and statewide telemedicine.

“After reviewing numerous telemedicine companies in recent years, we feel confident Remedy can scale beyond traditional primary care delivery and is well-positioned to dramatically lower costs and improve outcomes for high-cost procedures and chronic disease management,” said Cunningham. “The market potential for coordinated care delivery and chronic disease management from a telemedicine platform is the next evolution of this technology.”