HealthTap Closes $24 Million Series B Round

5-8-2013 8-58-22 PM

Palo Alto, Calif-based HealthTap raises $24 million in its second round of funding since its 2010 launch. The company raised $11.5 million in its Series A round, with $38 million raised to date.

HealthTap developed an app that allows patients to receive answers to their anonymous health questions from its 38,000 physician users. The app has been drawing more than 8 million unique visitors per month.

HealthTap does not make money from the platform, having chosen to avoid the advertising-supported model. It is  working to facilitate private telehealth appointments between the patients and the doctors, a business model which could prove to be much more lucrative than an ad-supported app.

The funding round was led by Khosla Ventures, Mayfield Fund, and Mohr Davidow Ventures. HealthTap also announced that it would be adding Keith Rabois, former COO of Square, to its board of directors.

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