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General Medicine banks $120M backed by a16z, Eli Lilly and Mercy Health to build out healthcare storefront

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General Medicine banks $120M backed by a16z, Eli Lilly and Mercy Health to build out healthcare storefront

Artificial intelligence is making healthcare advice easier to access, but turning that advice into actual care remains a challenge.

While many healthcare companies are building AI assistants that can tell patients what care they might need, few have built the underlying marketplace and fulfillment layer required to deliver that care.

Startup General Medicine aims to bridge that gap by connecting healthcare recommendations to actual care, whether that means filling a prescription, ordering a lab test, scheduling a telehealth visit or booking an in-person appointment.

Consumers need a healthcare store, asserts TJ Parker, co-founder of General Medicine.

"We're entering a world where advice is abundant, but acting on it is still an enormous hassle. General Medicine makes it easy to get guidance from a clinician, shop for care, and see what it will cost before deciding," he said.

General Medicine announced Tuesday that it picked up $120 million in series B funding to build out its "healthcare store" and expand into more categories of care.

Andreessen Horowitz (a16z) led the round with participation from Matrix, VXI Capital, Eli Lilly and Company, Mercy Health through Granger Management and BoxGroup. A year ago, the company picked up $32 million in venture capital funding led by Matrix, BoxGroup, the Founder Collective, VXI Capital and JSL Ventures. The company has raised $152 million to date.

General Medicine, started by the founding team that built PillPack and Amazon Pharmacy, is an online marketplace where customers can search, compare and buy care, see insurance and cash prices before deciding, and get guidance from a licensed clinician.


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