PeakMed Announces $5.5M Raise, Led by ASI Capital, for Expansion


Denver, Colo., Aug. 23, 2017 (GLOBE NEWSWIRE) -- PeakMed, a company that provides family practice medicine using an affordable monthly-membership model, announced today a $5.5 million fundraise, led by ASI Capital, LLC. The financial backing will support PeakMed’s expansion which includes new LifeCenters, telemedicine technology, vehicles for house calls and additional staff.

ASI Capital, LLC, a private debt and equity firm based in Colorado Springs, led this fundraising round through its Healthcare Fund and Income Fund.

“Demand for our health care model is growing,” said Dr. Mark Tomasulo, founder and chief medical officer of PeakMed. “ASI Capital is our partner that believes in what we are doing and wants to see PeakMed succeed. This money is helping PeakMed be more accessible to more people.”

With this funding, PeakMed will open new LifeCenters in Colorado Springs and Denver this fall as well as be able to perform house calls to members using two new vehicles for this service. Additionally, PeakMed is hiring additional staff and implementing new technology to allow secure 24/7 communication between doctors and members through a call, email, text and even video chat.

“We recognize the need for change in the health care marketplace,” Sean Hawkins, managing partner of ASI Capital, LLC, said. “PeakMed’s reinvention of health care with a model that brings focus back to the doctor-patient relationship, preventative care, affordability, and access to care is something that we want to see succeed for people in Colorado and beyond.”

“We anticipate significant growth over the next year,” Jon Hernandez, CEO of PeakMed said. “In addition to opening new locations, we expect to offer new services to our members that aren’t available in traditional health care plans.”

Learn more about PeakMed at www.peakmed.com.

About PeakMed:

Founded in in 2014, PeakMed improves access to care by restoring the relationship between doctors and patients while decreasing the cost for individuals and employers. PeakMed members pay a flat monthly fee for unlimited doctor visits and 24-hour, seven-day-a-week access, along with many other benefits. Headquartered in Denver, PeakMed offers an innovative approach to primary care by creating a platform for doctors and patients to collaborate, coordinate and communicate on personalized care plans that shift reactive medicine to proactive health. PeakMed was named a 2017 Colorado Company to Watch and has multiple clinics in the Colorado Springs and Denver areas. For more information go to PeakMed.com.

About ASI Capital, LLC:

ASI Capital helps individual investors invest with confidence in the ‘real’ economy. We offer access to investments based on alternative strategies – investments that fall outside the ‘traditional’ stock and bond markets.


            

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