How Much Did DocsApp Raise?
Funding & Key Investors

MediBuddy, the digital health platform formerly recognized as DocsApp, has successfully secured a significant capital injection to bolster its market position. With a cumulative financing history reaching $27.2M, the company continues to demonstrate robust growth trajectories within the competitive telemedicine sector. The most recent strategic investment of $20M underscores investor confidence in the platform's ability to scale its 24/7 medical consultation services and integrated healthcare ecosystem.

This latest infusion of capital arrives as the company transitions from its initial development phase into a mature enterprise-level operation, aiming to solidify its footprint in the rapidly evolving online doctor consultation market.

What is DocsApp?

DocsApp
SoftwareHealthcare SoftwareHealthcare Services

MediBuddy operates as a comprehensive online medical consultation platform, facilitating seamless interactions between patients and qualified MD doctors via chat and voice calls. By providing 24/7 access to a diverse array of medical specialties, the company addresses critical gaps in healthcare accessibility. Beyond immediate consultations, the platform integrates value-added services including discounted pharmaceutical delivery and laboratory testing, creating a holistic digital health experience. Its commitment to private, secure, and convenient care positions it as a leader in the health-tech space, catering to individuals seeking immediate medical guidance from the comfort of their homes.

How much funding has DocsApp raised?

DocsApp has raised a total of $27.2M across 2 funding rounds:

2017

Series A

$7.2M

2020

Series B

$20M

Series A (2017): $7.2M with participation from TECHMATRIX and Bessemer Venture Partners

Series B (2020): $20M led by Rebright Partners Pte Ltd, Bessemer Venture Partners, Beyond Next Ventures Inc., Milliways Ventures, Mitsui Sumitomo Insurance Limited, and Fusion Capital Limited

Key Investors in DocsApp

Bessemer Venture Partners

Bessemer Venture Partners is a prominent venture capital firm with a long-standing history of investing in transformative technology and healthcare companies across global markets.

Milliways Ventures

Milliways Ventures is an early-stage venture capital firm that invests in companies developing innovative and impactful technology, leveraging deep expertise in successful startup scaling.

Rebright Partners Pte Ltd

Rebright Partners is a venture capital firm focused on supporting high-growth startups, particularly those operating within the digital services and consumer technology sectors in Asia.

What's next for DocsApp?

With the successful closure of this major strategic investment, MediBuddy is well-positioned to accelerate its operational expansion and technological infrastructure. The company is expected to leverage this capital to enhance its service delivery, potentially broadening its medical specialty offerings and optimizing its logistics for medicine and lab test fulfillment. As the digital health landscape matures, MediBuddy's focus will likely shift toward deepening its enterprise partnerships and refining its user experience to maintain its competitive edge. The strategic backing from seasoned venture capital firms provides not only the necessary liquidity for scaling but also the institutional guidance required to navigate the complexities of the global healthcare market.

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Frequently Asked Questions Regarding DocsApp Financial Insights

What are the most recent funding rounds that DocsApp has completed, and what were the funding rounds?
DocsApp has recently completed 2 funding rounds: Series B on Jun 4, 2020, Series A on Dec 13, 2017.
What is the total amount of funding DocsApp has raised to date?
DocsApp has raised a total of $27.2M in funding to date.
How many funding rounds has DocsApp completed?
DocsApp has completed 2 funding rounds.
How much funding did DocsApp raise in its most recent funding round?
DocsApp raised $20M in its most recent funding round.
Who are the lead investors in DocsApp's latest funding round?
The lead investor in DocsApp's latest funding round was Rebright Partners Pte Ltd. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in DocsApp's history?
The largest funding round in DocsApp's history was $20M.
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