OverviewSuggest Edit

HelloMD is a company that develops a digital healthcare platform in cannabis. It connects doctors with clients online for medical cannabis evaluations via telehealth technology. The company provides educational content, online doctors consultations, and hemp CBD brands.

TypePrivate
Founded2012
Websitehellomd.com

Latest Updates

Employees (est.) (May 2019)26(+4%)
Revenue (FY, 2018)$1.4 M(-50%)

HelloMD Financials and Metrics

Summary Metrics

Founding Date

2012

HelloMD total Funding

$7.6 m

HelloMD latest funding size

$1.15 m

Time since last funding

a year ago

HelloMD investors

HelloMD's latest funding round in December 2018 was reported to be $1.2 m. In total, HelloMD has raised $7.6 m
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HelloMD Revenue

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HelloMD's revenue was reported to be $1.41 m in FY, 2018 which is a 50.6% decrease from the previous period.
USD

Revenue (FY, 2018)

1.4m

Revenue growth (FY, 2017 - FY, 2018), %

(50.6%)

Gross profit (FY, 2018)

(323.0k)

Gross profit margin (FY, 2018), %

(22.9%)

Net income (FY, 2018)

(4.8m)

EBIT (FY, 2018)

(4.8m)

Cash (31-Dec-2018)

1.4m
USDFY, 2016FY, 2017FY, 2018

Revenue

1.9m2.9m1.4m

Revenue growth, %

49%(51%)

Cost of goods sold

910.7k1.6m1.7m

Gross profit

1.0m1.2m(323.0k)
USDFY, 2016FY, 2017FY, 2018

Cash

150.6k3.7m1.4m

Accounts Receivable

500.07.0k5.9k

Prepaid Expenses

30.6k35.9k

Current Assets

151.1k3.8m1.5m
USDFY, 2016FY, 2017FY, 2018

Net Income

(399.7k)(1.7m)(4.8m)

Accounts Payable

(7.8k)23.7k15.1k

Cash From Operating Activities

(369.6k)(1.5m)(4.4m)

Purchases of PP&E

(14.1k)(72.0k)(18.7k)
USDY, 2018

Revenue/Employee

56.5k

Financial Leverage

1.1 x
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HelloMD Operating Metrics

HelloMD's Users was reported to be 250 k in Mar, 2019.
Apr, 2018Mar, 2019

Consultations Provided

100 k

Retail Partners

400

Users

130 k250 k
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HelloMD Acquisitions / Subsidiaries

Company NameDateDeal Size
DiscreteMD
HelloMD Corporation

HelloMD Online and Social Media Presence

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HelloMD Frequently Asked Questions

  • When was HelloMD founded?

    HelloMD was founded in 2012.

  • How many employees does HelloMD have?

    HelloMD has 26 employees.

  • What is HelloMD revenue?

    Latest HelloMD annual revenue is $1.4 m.

  • What is HelloMD revenue per employee?

    Latest HelloMD revenue per employee is $54.3 k.

  • Who are HelloMD competitors?

    Competitors of HelloMD include Cannalysis, Leafwire and WebJoint.