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ModMed

We create software for doctors by doctors

Boca Raton, United States · Founded 2010 · $27.0M raised

Employees
1001–5000
Founded
2010
Business Model
B2B
Total Funding
$27.0M
Last Round
$15.0M Growth EquityApr 2025
Rounds
3

About

ModMed (Modernizing Medicine, Inc.) is a healthcare technology company that develops cloud-based software supporting the clinical, financial, and operational workflows of specialty medical practices. It was founded in 2010 by technology entrepreneur Dan Cane and dermatologist Dr. Michael Sherling, who took the unusual approach of hiring doctors and teaching them to code so the software would be purpose-built for each specialty's real-world workflows. ModMed's platform includes its EMA (Electronic Medical Assistant) EHR, ModMed Scribe for AI-assisted clinical documentation, practice management, an RCM AI platform, patient engagement tools, analytics, and payment processing, and it currently serves 11 medical specialties including allergy, dermatology, ENT, gastroenterology, OBGYN, ophthalmology, orthopedics, pain management, plastic surgery, podiatry, and urology. The company is headquartered in Boca Raton, Florida, with an additional office in Hyderabad, India.

Summary

ModMed is a Healthcare company based in Boca Raton, United States, founded in 2010. It has raised $27.0M in total across 3 rounds, most recently a $15.0M Growth Equity round in Apr 2025. Investors include Summit Partners and Pentland Ventures.

Funding History

Private EquityPrivate EquityApr 2025

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Growth Equity through Private Equity — per-round amounts, valuations, and who invested in each round.

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