ZocDoc Raises $130M

zocdocZocDoc, a New York City-based online medical care scheduling service, secured $130m in funding.

The round, which valued the company at $1.8 billion, was led by Baillie Gifford and Atomico with participation from existing investor Founders Fund.

The company intends to use the funds to invest in developing products that sit on top of its marketplace and extend beyond its scheduling capability.

Led by founder and CEO Cyrus Massoumi, ZocDoc provides a platform that allows patients to find in-network neighborhood doctors, instantly book appointments online, see what other real patients have to say, get reminders for upcoming appointments and preventive check-ups, fill out paperwork online, etc. Patients can book more than 1,800 different types of procedures via ZocDoc, across more than 50 different medical specialties.
It is free for patients and available across the United States via ZocDoc.com or the ZocDoc app for iPhone and Android.

The company, which works with independent practices throughout the country and partners with health systems also has offices in Arizona and India and employs more than 600 team members in total.

FinSMEs

20/08/2015

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