Singapore-based DocDoc which positions itself as “the world’s first patient intelligence company”, has today announced the close of an institutional capital raise of US$13 million, bringing the total funding the company has raised to date to US$24.6 million.
* This story first appeared in Haleness Me.
“We are excited to be moving from strength to strength with solid support from our investors and an ecosystem of exceptional partners. We believe in the potential of our patient intelligence platform to revolutionize and redefine the delivery of healthcare,” said Cole Sirucek, DocDoc Co-founder and CEO.
The financing was done on a convertible note and was led by Adamas Finance Asia Limited (ADAM), a London-listed investment company, alongside leading regional family offices, a fund managed by a global investment firm specialising in financial services and the Cyberport Macro Fund.
“Of course, we enable our partners to save money, boost engagement and delight their customers in measurable ways, but what is far more important is that we meaningfully help people. Real people with real problems. People who are uncertain or scared, people who know a lot or almost nothing about healthcare, and people who need a friend to help navigate an amazingly complex healthcare ecosystem. At DocDoc, we have created the solution we needed when we faced this situation. Our product is real as it comes from the purest of intention, the need for parents to protect their child. Our product is real as it is built by an uncompromising team who owns the importance of our mission,” commented Cole Sirucek, DocDoc Co-founder and CEO.
DocDoc’s AI-powered doctor discovery platform is reimagining the patient journey by building a patient-centric healthcare ecosystem that supports patients throughout the continuum of care and empowering them with readily digestible medical information to make well-informed healthcare decisions.
The proceeds raised will be used to support DocDoc’s market expansion and enhance its leading patient intelligence platform.
Founded in 2012, DocDoc is one of the earliest telemedicine platforms in Singapore.
Its current suite of product offerings includes doctor discovery, telemedicine, and cashless settlement.
Operating in eight countries, DocDoc boasts that it has built the largest network of doctors in Asia with over 23,000 doctors and 793 clinics and hospitals in its network.
