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WeShareMD Closes Its Seed Round of Capital


News provided by

WeShareMD

Mar 05, 2019, 07:00 ET

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SAN DIEGO, March 5, 2019 /PRNewswire/ -- WeShareMD, a shared office concept designed specifically for medical professionals, has closed its seed round of funding. The company has already expanded to five locations throughout Southern California in 2018. They will now use their seed round of funding to continue their expansion throughout Orange County, Los Angeles and other areas of California. The company plans on a national expansion later this year.

WeShareMD was quietly incubated in 2018 by its CEO, George Scopetta, JD MAC and Dr. James Chao with the advisory of healthcare expert, Robert Lozuk. Mr. Scopetta and Dr. Chao are West Coast real estate developers who saw an underserved market in flexible medical office spaces. Their medical office real estate was predominately designed for large medical practices, with prohibitively expensive overhead for small and individual medical practitioners. Mr. Scopetta desired to help medical practitioners who desired to become entrepreneurs by creating highly professional medical offices at a low cost, with flexible commitments by the day, week or month.

"I noticed that the opening of shared medical office space lowered the barriers to entry for startup companies. Meanwhile, doctors were not given these same opportunities because medical space has a whole list of regulatory requirements. In creating WeShareMD, my goal is to open the gates for quality medical professionals to become entrepreneurs, as well as grow and expand their own practices overtime" said Scopetta.

The company plans to open its Series A round sometime this year.

More About WeShareMD

WeShareMD is the first and largest flexible medical office space designed specifically for doctors. The company purchases value-added medical properties and freshly renovates each space to provide a premier location for medical practices. Medical professionals receive HIPPA compliant offices and patient rooms, concierge patient personnel and a suite of medical tools. All WeShareMD members have the flexibility to practice in any WeShareMD location or move their small practice into full-time dedicated spaces. The company also provides virtual offices spaces so that mobile medical professionals can have a medical office location that complies with board certification requirements.

To become a WeShareMD member visit www.wesharemd.com or call 1-832-WESHARE.

SOURCE WeShareMD

Related Links

https://wesharemd.com

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