Teladoc, which provides on-demand medical care through video/telephone consultations, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The Purchase, NY-based company, which was founded in 2002 and booked $51 million in sales for the 12 months ended March 31, 2015, plans to list under the symbol TDOC. It has not selected an exchange. Teladoc initially filed confidentially on March 24, 2015. J.P. Morgan and Deutsche Bank are the joint bookrunners on the deal. No pricing terms were disclosed.
