Telemedicine Primary Care Service 98point6 Raises $118 Million

98point6, an on-demand telemedicine primary care service that delivers personalized consultation, diagnosis, and treatment, announced that it raised $118 million in a Series E fundraising round. The company intends to use the funding to further invest in research and development and expand its medical practice. 98point6 pairs artificial intelligence (AI) and machine learning with the expertise of board-certified physicians. The services are available via a mobile application.

The text-based 98point6 primary care platform has more than 240 commercial partnerships—accounting for three million members—with prominent brands including Banner|Aetna, Boeing, Circle K, Red Bull North America . . .