KeyCare Raises $27.4 Million to Expand Telehealth Services

KeyCare, a Chicago-based company known for its Epic-integrated telehealth solutions, has successfully raised $27.4 million in a recent funding round. The financing effort, which took place on March 3, 2026, was led by HealthX Ventures. Other notable participants include 8VC, LRVHealth, BOLD Capital Partners, Ikigai Venture Partners, WellSpan Health, Allina Health, University of Chicago Ventures, Edge Ventures, and Exact Sciences.

What KeyCare Does

KeyCare specializes in providing virtual care solutions that are integrated with Epic, a leading electronic health record platform. This integration allows healthcare providers to offer seamless virtual care, ultimately improving patient outcomes by ensuring that care delivery is both efficient and well-coordinated.

Leadership and Vision

Lyle Berkowitz, MD, FACP, FHIMSS, serves as the Founder and Executive Chairman of KeyCare. Under his leadership, the company has carved out a niche as the first Epic-based virtual care organization in the nation. Berkowitz has emphasized the importance of integrating with existing healthcare systems to enhance care delivery rather than creating separate, standalone solutions.

Strategic Use of New Funds

The newly acquired funds are earmarked for several strategic initiatives aimed at scaling KeyCare's operations:

  • AI-Enabled Technology Expansion: The company plans to deepen its investment in AI-powered technologies. This includes leveraging both Epic's AI tools and KeyCare's proprietary developments to enhance provider capacity while maintaining high-quality care.
  • Operational Capacity Enhancement: With increasing demand from health system partners, KeyCare intends to expand its operational capabilities to better serve its growing customer base.
  • Platform Scaling: The funds will also support the scaling of KeyCare's telehealth platform to improve patient experience and provider efficiency.

Impact and Future Plans

KeyCare has positioned itself as a critical partner for health systems seeking to extend their primary care services through virtual means. By maintaining continuity with patients' home health systems, KeyCare ensures that virtual care is not only accessible but also well-coordinated with existing healthcare frameworks.

Health systems like UChicago Medicine have already benefitted from KeyCare's platform, using it to provide 24/7 urgent care access. This model has been highlighted for its effectiveness in improving treatment adherence and care availability, thereby reinforcing the role of virtual care in modern healthcare delivery.

With this fresh capital injection, KeyCare is set to continue its mission of enhancing telehealth services, ultimately aiming to redefine the landscape of primary and urgent care through technology-driven solutions.