RDMD

RDMD

RDMD is a U.S-based company offering a rare disease medical information database.

RDMD is a company providing a platform for collecting and maintaining a clinical information database on rare diseases. RDMD was founded by Nancy Yu and Onno Faber in 2017. The company aims to provide firsthand patient information on rare diseases for treatment research purposes by commercial entities. It is based in San Francisco, California.

Service

RDMD operates through recruiting rare medical condition patients, such as those with neurofibromatosis 1 and 2 (NF1, NF2) diseases, Hunter syndrome, and inclusion body myositis (IBM). These patients participate by providing medical records regarding their condition, and RDMD sells these information to pharmaceutical companies for research and development purposes. In return, patients receive access to a mobile application that organizes information about their diseases and appropriate treatment recommendations.

Funding

RDMD has managed to raise $3.1 million in capital from a seed round held in August 2018. During this round, RDMD received funding from investors such as Healthcare Co-op, Lux Capital, and Garuda Ventures.

Timeline

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
RDMD funding round, August 2018
3,000,000
August 2018
Lux Capital Management
RDMD Inc. funding round, January 2020
9,499,992
January 2020
2 Results
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People

Name
Role
LinkedIn

Erik Torenberg

Investor

Kevin Chou and Dr. Connie Chen

Investor

Nancy Yu

Founder

Onno Faber

Founder

Further reading

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Link
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Documentaries, videos and podcasts

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Date
Link

Companies

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CEO
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References

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