98point6 Inc.’s Hot Health Care App Is Attracting Investors
98point6 aims to become the Amazon of health care
April 8, 2019By Rob Smith
Robbie Cape isnt focused on taking his health care startup 98point6 Inc. public. But after raising a staggering $86.3 million in four funding rounds, hes not ruling it out, either.
Our goal for this business is pretty simple, and it will probably surprise you a little bit, says Cape, a former general manager at Microsoft who founded 98point6 four years ago. We want every human on this earth to have access to basic medical care without making a trade-off to get it.
The company, which last fall closed a $50 million funding round led by Goldman Sachs Merchant Banking Division, offers on-demand text-based primary medical care through an app and website where patients can connect with a physician via their smartphones. The service has more than 100,000 members in its network and employs 136, mostly in Seattle.
The vast majority of clients are businesses looking to save on health care costs and offer employees accessible primary care, but the company also provides individual options. It has some 40 corporate clients in 44 states and plans a push into international markets later this year.
98point6 which says it wants to be the Amazon of health care claims that it resolves 97 percent of medical conditions via its app and treats more than 200 conditions monthly.
Cape has a history as a mission-driven entrepreneur. At Microsoft, he worked for years on Microsoft Money, the companys personal-finance management software program. Immediately prior to launching 98point6, he founded Cozi Group Inc., which created a web- and app-based digital calendar to help families and individuals do everything from plan vacations and shopping lists to coordinating co-parenting.
Im trying to build meaningful businesses that deliver great return, says Cape, whose companys headquarters are in downtown Seattle.