More than 4 years ago, we set out to create a platform with the mission to bring affordable healthcare to everyone who lacks access.
We believed that basic access to healthcare is a fundamental human right.
It is a bittersweet moment, as I officially announce that RingMD has officially entered the final stages of an acquisition by a US-based Private Equity Group.
During the transition period, we will temporarily suspend the RingMD service as we migrate operations alongside our new partner. We anticipate that this will take approximately another two weeks.
We had a big vision to empower people to take control of their healthcare. Accomplishing this vision as an independent company was a huge challenge, and we decided that the best path forward was with deeper integration with our strategic partners.
Many of our users shared incredible stories about RingMD helping them in moments of need, but in the process, we learned that working to help solve emerging-market healthcare problems is challenging to do in a sustainable way with the resources we had. Up to this point, we have helped hundreds of thousands of people get access to healthcare — many for the first time ever. I am extremely appreciative of the diligent work of our amazing team, partners and investors who helped us along the way. And to our users, thank you for the opportunity to serve you and for trusting us with your healthcare needs. For that, we are eternally grateful.
RingMD’s story as an independent organization ends here as we proceed down the path of selling the company and becoming part of something bigger.
RingMD will live on and continue to operate from our new HQ in Boston.