How Much Did Counsel Raise? Funding & Key Investors

Date August 18, 2025
C

Counsel

COMPANY INFO

Counsel Health is a virtual medical practice company founded in 2023 by Dr. Muthu Alagappan. The company provides healthcare through messaging-based care, offering patients high-quality, personalized medical advice from expert doctors within minutes. Counsel Health has approximately 11-50 employees and operates in the healthcare industry. Its website is https://counsel.health/.

How Much Did Counsel Raise? Funding & Rounds and Investors

Counsel is a pioneering company in the database software and healthcare industry, established in 2023 by Dr. Muthu Alagappan. The company operates a virtual medical practice that connects patients with expert medical providers through a messaging-based care platform, offering rapid and personalized healthcare advice. Headquartered in Omaha, Nebraska, Counsel supports its clients with additional locations across Iowa, Arizona, and Nebraska. With a growing team and a mission to transform access to healthcare, Counsel has quickly become a notable name in the virtual care industry.

Counsel funding history reveals an early-stage company committed to building a strong foundation before scaling. Since its inception, Counsel has raised a total of $850K through two seed funding rounds: an initial $100K round dedicated to launching its operations, followed by a $750K seed round supporting product development. The Counsel funding strategy appears focused on gradual, milestone-driven growth, prioritizing product build-out and market readiness. With equity investments from recognized venture firms, Counsel is well-positioned for future expansion as demand for virtual healthcare solutions rises.

Funding Rounds

Seed - $750K - 2015-05-01

This seed round enabled Counsel to invest in product development, enhancing its messaging-based care platform and expanding its technology capabilities to better serve patients.

Seed - $100K - 2013-09-01

The initial seed funding supported Counsel’s early-stage launch, enabling the company to establish its core team and begin delivering virtual healthcare services.

Key Investors

Flex Capital

Flex Capital is a venture capital firm that participated in Counsel funding rounds. Their early investment provided critical capital to help Counsel launch and begin building its healthcare technology platform.

Merus Capital

Merus Capital, known for backing early-stage technology companies, contributed to Counsel investors’ pool. Their involvement supported Counsel’s product development and service expansion plans.

Mercury Fund

Mercury Fund played a role as a Counsel investor by supplying investment capital that supported both initial launch activities and strategic growth milestones. Their partnership helped solidify Counsel’s presence in the virtual healthcare space.

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