DOC+ Raises $5M in Series B Funding

DOC+, a Moscow, Russia-based digital health company, raised $5M in Series B funding.

Backers included existing investors Yandex and Baring Vostok.

The company intends to use the funds to develop advanced digital health services, as well as to expand the core business of on-demand visits and telemedicine consultations.

Founded in August 2015, DOC+ provides on-demand doctor services in Moscow and Saint Petersburg, with another Russian city to follow in 2018. Users can book a visit via the call centre, the mobile app, or the website. The closest doctor available picks up the order and visits a patient at home. The services include: consultations, prescriptions, sick notes, medical tests, ECG, referrals to MRI, and other advanced diagnostics. DOC+ also offers personalized services like digital health records and personal doctor subscriptions.
Additionally, it offers telemedicine consultations via chat, audio- or video calls for Russian-speaking users. With the new telemedicine legislation approved by the Russian government and awaiting the Parliament’s review, DOC+ aims to expand the range of services.

Launched in 2015, DOC+ previously raised seed funding from business angels and $5.5M in round A investment from Yandex and Baring Vostok. Earlier this week, Russia’s Yandex announced “Yandex.Health” — a telemed service providing medical consultations online where DOC+ is an exclusive partner.



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