A Message to Our Customers
ModMed was founded 15 years ago with a clear mission: to place doctors and patients at the center of care through an intelligent, specialty-specific cloud platform.
Since then, we have remained steadfast in our dedication to innovate and make the lives of providers better. We know that running an ambulatory practice is more complex than ever—balancing patient care, regulatory requirements, operational efficiency, and financial sustainability is no small task. We deeply respect the dedication and commitment of the providers and teams we serve, and we take seriously the responsibility of being your technology partner.
That’s why this work is never finished. Every day, we remain focused on delivering specialty-specific solutions that help ease these challenges and create real, meaningful impact for you and your patients.
Today, we are excited to share an important milestone in our journey. We have a new investment partner. Clearlake Capital Group has entered into a definitive agreement to make a significant majority growth investment in our company.
We chose Clearlake because of their demonstrated success in working with growing companies, their alignment with our mission to make a meaningful impact in healthcare, and their strong support of the investments and innovations we are committed to. Just as importantly, Clearlake recognizes that the strength of our company comes from the dedicated people behind it. They are fully invested in supporting our team as we continue to drive innovation and deliver exceptional experiences for you.
As co-founders and leaders of ModMed, we want to personally assure you that our commitment to our mission and vision remains stronger than ever. Clearlake fully supports the investments we are making—in our existing products, our robust AI roadmap, and customer experience initiatives. Most importantly, we remain deeply committed to specialty-specific healthcare technology solutions, ensuring that providers continue to have the best tools designed for their unique needs.
Importantly, there will be no impact to your experience as a customer or to the teams you work with. You can expect the same level of service, innovation, and partnership that you have always relied on.
Read more about the news in our press release.
We appreciate your trust in us and look forward to this exciting future together.
Sincerely,
Joe Harpaz, Co-CEO
Dan Cane, Co-CEO & Co-Founder
Michael Sherling, CMO, CSO & Co-Founder