By Kevin Cummings
NTX Inno Staff Writer
September 10, 2021, 11:20am CDT
CourMed founder and CEO Derrick Miles says his startup is about taking on “smart money.” Now, bootstrapped from the beginning, the company has taken on what he considers its first “institutional” funding.
The McKinney-based health care services delivery startup has landed a $500,000 interest-free, five-year loan from software giant Microsoft – the first investment from the company’s $50 million commitment last year to invest in Black-owned partner companies. And with the money, CourMed has the potential to scale globally.
“What we create with CourMed is concierge health care end-to-end. You get the physician, you get the PA, you get the nurse, you get the pharmacist, and you get CourMed’s tech,” Miles said. “Customers are already accustomed to paying for it, so when (employers) hear about the end-to-end solution, they’ll jump right on board.”
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