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Medvi's AI-Powered Telehealth Startup Projects $1.8 Billion Sales

4/5/2026

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Summary

Story summary

Matthew Gallagher launched Medvi, a telehealth start-up in Los Angeles, with $20,000 and AI tools.
Within two months, Medvi gained 1,300 customers and $401 million in 2025 sales.
This year, Medvi is projected to reach $1.8 billion in sales with two employees.
Sam Altman of OpenAI noted that AI enables a trend of efficient firms like Gallagher's.
Pinterest and Block have reduced their workforces citing AI efficiencies.

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Story summary

Matthew Gallagher launched Medvi, a telehealth start-up in Los Angeles, with $20,000 and AI tools.
Within two months, Medvi gained 1,300 customers and $401 million in 2025 sales.
This year, Medvi is projected to reach $1.8 billion in sales with two employees.
Sam Altman of OpenAI noted that AI enables a trend of efficient firms like Gallagher's.
Pinterest and Block have reduced their workforces citing AI efficiencies.