SteadyMD, a B2B telehealth infrastructure provider, has acquired BlocHealth, a clinician licensing, credentialing and payer enrollment platform.
SteadyMD, which didn’t disclose terms of the deal, said the acquisition further improves clinical capacity for the entire online health care industry by enhancing its licensing and credentialing capabilities for its in-house clinicians, as well as its partners that have their own clinicians.
The company said the deal makes SteadyMD the first telehealth infrastructure provider to offer both a 50-state clinician workforce and a full-service licensing and credentialing platform available to its customers.
The names of both companies will remain unchanged.
Founded in 2016 by Guy Friedman and Yarone Goren, SteadyMD is based in St. Louis, Missouri, and Westlake Village, California. The company is licensed, operating and serving patients in all 50 U.S. states.
St. Petersburg, Florida-based BlocHealth was founded in 2017 as a staffing marketplace for clinicians.
In other L.A.-area tech and startup news:
- Tapcheck Inc., a Tarzana-based employee financial wellness and earned-wage access platform, has raised $20 million in a Series A round led by PeakSpan Capital. After connecting to an employer’s existing payroll system, Tapcheck uses payroll profile information to estimate an employee’s net earnings. Workers can choose when to access their pay for a small fee, comparable to an out-of-network ATM fee, at no cost to their employer. The company says its service is used by nearly 10% of all franchised McDonald's locations.
- Tellie, an L.A. site builder for Web2 and Web3 creators, has raised $10 million in Series A funding. New investors Malibu Point Capital, Galaxy Digital, Osage Venture Partners, Dapper Labs, SXSW Innovation Fund and Gaingels joined existing investors including Corazon Capital, TQ Ventures and Upfront Ventures, which incubated the company. Tellie said the new round of fundraising will be used to hire across the company, open the platform to all creators and launch the Tellie Collections marketplace to build the onramp from Web2 to Web3.
- Los Angeles-based System 9 Inc., a digital asset market-making company focused on the alt-coin market, has closed on $5.7 million Series A financing round. Equity investors include lead investor Capital6 Eagle, a venture firm focused on blockchain infrastructure. Additional investors include Kronos Asset Management, C2 Ventures, Gate Ventures, Ascendex Ventures and several well-established blockchain investors. The company said it will use the proceeds to further scale the technology infrastructure and business operations supporting its proprietary market-making and to expand its service offerings.
- Health care platform TigerConnect has named Melissa Bell as its first president. The Santa Monica-based company said Bell will be responsible for sales, marketing, revenue operations, solution design, clinical consulting and customer success. Bell previously was chief growth officer for Intelligent Medical Objects and held leadership roles at Inovalon, nThrive (previously MedAssets), GE Healthcare and Allscripts. TigerConnect said it received a significant strategic investment from Vista Equity Partners earlier this year and plans “aggressive” growth in the second half the year.
