Veteran-owned company seeking to provide more options to monitor chronic health conditions
COLUMBIA, Md., (June 11, 2025) — TEDCO, Maryland’s economic engine for technology companies, announced a recent $500,000 Maryland Equity Investment Fund investment in BlueStar Telehealth. The Maryland Equity Investment Fund, housed under TEDCO’s Venture Funds, was created to increase private equity and venture capital in Maryland, generate financial returns and foster economic growth.
BlueStar Telehealth, located in Rockville, Md., is a veteran-owned company seeking to provide telehealth services that allow clinical caregivers to connect with remote patients. The company currently serves thousands of families across the nation providing a variety of options for remote care and specializes in managing chronic health conditions.
“Over the past few years, the telehealth industry has grown exponentially and doesn’t seem to be stopping,” said Katherine Hill Ritchie, senior director, Venture Funds. “We are happy to be a part of BlueStar Telehealth’s early journey and hope to see its continued growth.”
TEDCO’s evergreen Venture Funds are one of the many investment opportunities available to qualifying technology-focused startups and small businesses across Maryland. For more information, visit our page at tedcomd.com/funding.
“Maryland was ranked in the top ten for the number of active physicians per capita, and with more healthcare professionals comes a better quality of healthcare – for which we’ve ranked in the top ten as well,” said TEDCO CEO, Troy LeMaile-Stovall. “Entrepreneurs and innovators focused on healthcare should look no further than Maryland to start and grow their business.”