Fundraising Fox

evolvedMD

Phoenix, US · Founded 2015 · Delaware corporation · 199 employees on LinkedIn · 4 known investors

evolvedMD integrates behavioral health services into primary care settings to improve access to mental health treatment. The company serves primary care practices and their patients seeking integrated care for depression, anxiety, and other mental health conditions.

Also known as evolvedMD

Founders & leadership

evolvedMD was founded in 2015 by Erik Osland and Steve Biljan.

EOErik Osland
Erik OslandinFounder
SBSteve Biljan
Steve BiljanFounder

Board

RGRobert Greenglass
Robert GreenglassinBoard directorPartner at Waterline Ventures
CLCarey Lai
Carey Laiin𝕏Board MemberCo-Founder & General Partner at Conductive Ventures
JS
Jason SlocumBoard director

Investors · 4

Reported raises · per SEC filings

Form D private placements

$49M disclosed across 3 rounds · 2022–2025

$29.2MraisedJul 2025 · 11 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Steve BiljanDirector
  • Robert GreenglassDirector
  • Erik OslandExecutive Officer, Director
  • Jason SlocumDirector
  • Carey LaiDirector
Offering amount
$34.1M
Amount sold
$29.2M
First sale
Jul 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$14MraisedJun 2023 · 6 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • ERIK OSLANDExecutive Officer, Director
  • STEVEN BILJANExecutive Officer, Director
Offering amount
$15M
Amount sold
$14M
Minimum investment
$481.9K
First sale
Mar 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5.9MraisedJun 2022 · 5 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • ERIK OSLANDExecutive Officer, Director
Offering amount
$5.9M
Amount sold
$5.9M
First sale
Apr 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

evolvedMD provides integrated behavioral health services for primary care organizations, built on the Collaborative Care model. Rather than referring patients out to community mental health providers, the company embeds licensed therapists on site at partner primary care practices so that behavioral health needs can be addressed during or adjacent to a routine medical visit. The stated rationale is that physical and mental health should be treated together, and that patients are more likely to engage with care in the familiar setting of their existing doctor's office.

The company positions its onsite, in-person staffing approach as an enhancement to standard collaborative care, allowing primary care physicians to focus on physical health while behavioral health clinicians manage depression, anxiety and related conditions. Outcomes are tracked using standardized screening instruments, with the company citing clinically significant improvement defined as a 50% or 10-point reduction in PHQ-9 or GAD-7 scores, along with reductions in total cost of care (attributed to Advisory Board data) and provider satisfaction and retention measured by Net Promoter Score (internal data).

Founding story

According to CEO Erik Osland, the company was created after traditional healthcare failed to meet the needs of his chronically ill father, with the goal of preventing similar outcomes for other families.

Business model

evolvedMD partners with primary care systems and practices, placing its licensed behavioral health clinicians within partner clinic sites to deliver integrated collaborative care to those practices' patient populations.

Traction

evolvedMD reports having driven access to mental health care for over 1 million Americans and their families, serving multiple established primary care systems, and being named to the Inc. 5000 list of fastest-growing American companies in three consecutive years.

Full profile — market position, technology, go-to-market, geography

Market position

The company describes itself as a leader in comprehensive collaborative care in the United States and reports an expanding network of primary care partners.

The company differentiates on an onsite, in-person delivery model, embedding a licensed therapist within the primary care practice itself rather than relying on community referrals or remote appointments.

Technology

The service is built around the Collaborative Care model with standardized behavioral health measurement using PHQ-9 and GAD-7 screening scores to track patient improvement.

Go-to-market

Sales are directed at primary care systems and practices, which contract with evolvedMD to integrate behavioral health clinicians into their existing clinic sites.

Primary care systems and practices, including large and well-established primary care organizations, and their patients with behavioral health needs such as depression and anxiety.

Geography

The company operates across the United States, with a searchable directory of partner primary care locations.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Inc. 5000 fastest-growing companies appearancesJan 20253 years
Patients reached with mental health care accessJan 20251,000,000 people

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 4

by search overlap

Companies competing with evolvedMD for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 1

launches, deals, and filings
Jan 2025
Named to Inc. 5000 list of fastest-growing companies in America for a third consecutive year

evolvedMD states it has been named one of Inc. 5000's fastest-growing companies in America three years in a row.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
evolvedMDDelaware

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does evolvedMD do?
evolvedMD embeds licensed therapists in primary care practices to deliver in-person collaborative behavioral health care.
Who founded evolvedMD?
evolvedMD was founded by Erik Osland, Steve Biljan in 2015.
Who are evolvedMD's investors?
evolvedMD's investors include Conductive Ventures, FCA Venture Partners, Tectonic Ventures, Waterline Ventures.
How much funding has evolvedMD raised?
evolvedMD has disclosed $49M raised across 3 rounds.
Where is evolvedMD headquartered?
evolvedMD is headquartered in Phoenix, US.