JMI Equity completed the $60m investment in Argenta Partners-backed TimelyMD.

JMI Equity, a growth equity firm, completed the $60m investment in Argenta Partners-backed TimelyMD, a full-service telehealth provider solely focused on colleges and universities. "Our mission at TimelyMD is to improve the well-being of college students by making virtual medical and mental health care accessible anytime, anywhere. This investment from JMI enables TimelyMD to achieve our vision to empower students to be well and thrive, eliminate barriers to care for an exponentially greater number of students, and better serve a growing and diverse range of institutions," Luke Hejl, TimelyMD CEO and Co-Founder.