RepeatMD

RepeatMD is a software-as-a-service (SaaS) company that provides a comprehensive platform designed to help medical, aesthetic, and wellness practices streamline their operations and drive revenue growth. Launched in October 2021 by Phil Sitter, RepeatMD offers a proprietary Inbound Revenue Platform that combines loyalty programs, ecommerce solutions, patient financing options, and customized marketing campaigns into a unified patient experience.

The company's flagship product is a mobile app that serves as a "med-commerce engine," enabling patients to easily purchase treatments, enroll in membership programs, and take advantage of personalized rewards and discounts. This innovative approach empowers practices to generate recurring revenue streams and foster long-term patient loyalty.

RepeatMD's solutions were being utilized by over 2,500 practices across all 50 US states, including med spas, dermatologists, plastic surgeons, weight loss clinics, and OBGYNs. The platform had nearly 700,000 registered users and had seen a remarkable 2,519% increase in gross merchandise value revenue and a 130% increase in SaaS revenue over the previous 12 months.

To further enhance its offerings, RepeatMD has established strategic partnerships with leading medical and aesthetic laser manufacturers, such as Alma Lasers, Sciton, and Cynosure. Additionally, in November 2023, the company secured USD 50 million in Series A funding, including a USD 10 million debt facility from Silicon Valley Bank, to continue expanding its network of partners, improve product capabilities, and integrate AI for a more personalized patient shopping experience.