Key Highlights
- RepeatMD raises $50 million in Series A funding, co-led by Centana Growth Partners and Full In Partners, with participation from PROOF.
- Explosive growth: Over 2,500 practices across all 50 states using RepeatMD, achieving a +2,519% increase in GMV revenue.
- Innovative Inbound Revenue Platform: Combines loyalty, ecommerce, and patient financing solutions to automate revenue generation.
Source: Business Wire
Notable Quotes
- “Our goal at RepeatMD is to give these practice owners the technology to elevate their patients’ experience.” – Sitter, Founder & CEO at RepeatMD
- “RepeatMD’s membership, loyalty, and eCommerce solutions have broad applicability across the wellness industry.” – Sarah Kim, Partner at Centana
- “Never in our wildest dreams did we think RepeatMD would be able to bring in over a quarter of a million dollars in sales to our practice—$301,000 to be exact.” – Chris Balbi, Co-owner at Meesha Aesthetics
SoH's Take
The significant investment in RepeatMD underscores the growing importance of integrated technology solutions in the aesthetics and wellness sector. As the industry evolves, platforms like RepeatMD are crucial for practices to adapt to the changing landscape, especially in terms of automating revenue and enhancing patient experiences. This funding round not only validates the market’s confidence in RepeatMD’s business model and leadership but also highlights the untapped potential in this sector. With the planned product enhancements and AI integration, RepeatMD is well-positioned to further disrupt and lead the market, offering a comprehensive solution for aesthetic and wellness practices to thrive in an increasingly competitive space.
