DocGo acquires SteadyMD for up to $25M, expands telehealth across 50 states

DocGo Inc.

Acquisition price up to $25M: $12.5M cash at close + up to $12.5M contingent earn-out.
SteadyMD expected to generate ~$25M revenue in 2025; served 3M patients with 600+ clinicians.
Co-founders Guy Friedman and Yarone Goren join DocGo leadership team.
DocGo to fund from existing cash; plans to update 2025 guidance in early November.
SteadyMD’s 50-state virtual care platform complements DocGo’s mobile health last-mile delivery.

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