Founded in 2017 by Demetri Karagas, Steven Gutentag, and Hans Gangeskar, Thirty Madison is based in New York City. The company was acquired by Remedy Meds in an all-stock transaction in September 2025, positioning the combined entity as a larger telehealth competitor with integrated pharmacy operations supporting same-day consultations and direct-to-door prescription delivery across multiple health categories.
Cyborg Score Rationale
As of March 2026, Thirty Madison had raised $505M in funding, demonstrating strong investor confidence. The company's multi-brand portfolio and acquisition by Remedy Meds validates its differentiated telemedicine model, though its acquisition status reduces strategic autonomy.
Top Insights
Multi-brand portfolio strategy reduces dependence on single specialty and enables cross-selling across diverse chronic condition categories
Integrated pharmacy fulfillment and same-day consultation delivery creates operational efficiency and competitive moat versus traditional telemedicine
Acquired by Remedy Meds (September 2025) for $500M, amplifying reach but reducing independent strategic direction
As of March 2026, Thirty Madison employed approximately 245 employees across four continents, indicating moderate scale with room for rapid expansion
Named Competitors
Teladoc Health — Virtual care and digital health solutions
Ro — Direct-to-consumer telehealth for chronic conditions
Omada — Digital health platform for chronic disease management
Nurx — Direct-to-consumer sexual health and birth control
Remedy Meds — Direct-to-consumer weight loss medications and telehealth
Recent Developments
(September 2025) Remedy Meds acquired Thirty Madison in $500M all-stock transaction
(April 2023) Caroline Hofmann promoted to Chief Business Officer overseeing women's health expansion
(February 2022) Thirty Madison acquired Nurx, a women's birth control and sexual health platform
Open the full interactive Thirty Madison, Inc. report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.