Urgent Care for Kids, the premier pediatric urgent care provider in Texas and something of the top companies within this specialized field in the usa, today announced its $6.35-million round of Series A financing. The round is co-led by Kayne NewRoad Ventures Fund II (KNRV) and Dozier Capital Partners.
The funding will enable Urgent Care for Kids to grow upon its proven platform of delivering top quality pediatric care on an open schedule basis as well as introduce its pediatric specialized telemedicine platform. The business's focus will be on opening new clinics across Texas, acquiring synergistic pediatric businesses, and purchasing technology to allow the company to enhance the individual experience and scope of services.
\”We focus on providing superior patient experiences through high quality, convenient, and affordable pediatric care.\” said Kevin Pearce, Co-Founder and President of Urgent Care for Kids. \”Our partnership with Kayne NewRoad Ventures Fund II (KNRV) and Dozier Capital Partners allows Urgent Care for Kids to utilize its clinical knowledge supported by its over 60 pediatric providers to provide a statewide pediatric care delivery model fantastic towards the industry.\” said Pearce.
The new facilities and technology will broaden the chain's reach, extending beyond Texas's main metropolitan areas. Funds have been designated for brand new sites across Texas including: Allen, Plano, Flower Mound, Mansfield, Sugarland, Cypress, Atascocita, Memorial, South Austin, and Dallas. The very first from the new sites was carried out Allen and opened its doors on November 15th, 2023.
The investment will place Steve Brooks, Partner with NewRoad Capital Partners and Bradley McBride, Managing Director with Dozier Capital Partners, around the company's Board of Directors. Steve Brooks has led other healthcare investments for KNRV and Bradley McBride has spent his entire career investing in emerging growth businesses.
\”We are thrilled to partner with the Urgent Take care of Kids team to enable them to serve more communities within the Texas market. The organization has successfully built a 10-clinic system that has proven its value to the communities it serves – they simply need to serve more communities as we see the demand can there be. Urgent Care for Kids focus on pediatrics, establishing the best location, and providing a seamless patient experience that is convenient and affordable gives it a powerful advantage over other healthcare providers.\” said Steve Brooks Partner with NewRoad Capital Partners.
\”We are excited to partner with both KNRV and Urgent Take care of Kids to continue building the premier pediatric focused urgent care provider on the market. Of particular interest, good quality to leveraging technology to enable the most convenient and affordable delivery of pediatric care.\” said Bradley McBride, Managing Director at Dozier Capital Partners.
Since the outlet of its first couple of clinics in Dallas-Fort-Worth in December 2011, Urgent Care for Kids continues to be the premier pediatric urgent care provider in Texas. Due to the success of the company's model in Dallas-Fort-Worth, Urgent Care for Kids introduced the concept to under-served markets both in Houston and Austin, where patients immediately embraced these much-needed clinics. There are ten clinics within these three markets, serving patients as much as 21 years of age.
\”This partnership allows Urgent Take care of Kids to continue meeting the interest in pediatric urgent care services as well as launch an innovative pediatric telemedicine platform. This transformation will continue to create us apart in the field of pediatric medicine,\” said Brian White, Co-Founder and CEO of Urgent Take care of Kids. \”Healthcare is continually changing, and Urgent Take care of Kids will adapt alongside those changes to best serve our patients.\” said White.