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Telehealth platform embarks on capital raise
Global law firm, Herbert Smith Freehills, has advised Telehealth platform Rosemary Health on its series seed capital raise.
Emma Musgrave
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Firm: Herbert Smith Freehills (Rosemary Health)
Deal: Rosemary Health has been advised on its series seed capital raise.
Value: Undisclosed
Area: Venture capital
Key players: The Herbert Smith Freehills team was led by partner and head of venture capital Peter Dunne and solicitor Myra Beal.
Deal significance: According to a statement from Herbert Smith Freehills, Rosemary Health is a telehealth platform that facilitates electronic prescriptions and prescription deliveries to Australian consumers.
“This new capital will be employed to accelerate the growth and market penetration of its range of asynchronous telehealth clinics. The round was led by early stage VC fund, Artesian Venture Partners, with investors in the round including US VC fund Breyer Capital,” the statement explained.
Commenting further, Ms Beal said: “Rosemary Health is a great example of an Australia technology company addressing an important unmet need for Australian consumers”.
“With the COVID-19 pandemic, it is more important than ever that Australians have access to telehealth and medicines from their homes. It was great to work with Romain and the Rosemary Health team on this capital raise and we look forward to seeing the company’s next steps.”
Rosemary Health founder and chief executive Romain Bonjean, thanked Herbert Smith Freehills for their support during the capital raise.
“The team at Herbert Smith Freehills has been a pleasure to work with, and made this cross-border raising fast and efficient,” he said.
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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