In May of 2014, Austin-based telehealth company Pristine raised a $750,000 seed round with the help of Onevest. Founded in 2013, Pristine is helping medical professionals around the world deliver better care through Google Glass technology. The innovative company is working to make physical and geographic barriers to medical expertise irrelevant.
Co-founder and CEO Kyle Samani has rapidly become a thought leader and a force to be reckoned with in the healthcare world, maintaining a popular blog and appearing at conferences and events around the country including TEDx and SXSW. Kyle and his team have worked relentlessly to grow Pristine to where it is today, and he was generous enough to answer a few questions about their progress.
I asked Kyle about the importance of raising a seed round, and how it benefited the company. Paralleling the standard startup life cycle, it seemed the funding came at just the right time: Kyle explained that the round simply "gave us enough money to not die before raising the Series A."
Since raising their seed round, Kyle says "the business has approximately doubled in size in terms of employees, customers, and revenue." In even bigger news, Pristine raised a $5.4 million Series A, led by S3 Ventures. Kyle noted that "[S3 Ventures] have been a pleasure to work with thus far and we're excited to have them aboard."
The Series A was a big achievement, but Kyle and his team are not satisfied. Pristine has continued expanding into more hospitals, ERs, patient homes, ICUs, and ambulances to give more people access to faster and more effective care. I asked him about his plans for the next 6 months, and his answer was simple, yet powerful: "double again."