How Much Did DocsApp Raise?
Funding & Key Investors

MediBuddy, formerly known as DocsApp, has secured significant enterprise-level funding, with its total funding reaching $27.2M. The company recently closed a major strategic investment of $20M, underscoring its growth trajectory in the digital health sector. This latest capital infusion is expected to fuel further expansion and enhance its service offerings.

What is DocsApp?

DocsApp
SoftwareHealthcare SoftwareHealthcare Services

MediBuddy, previously operating as DocsApp, is a comprehensive online doctor consultation platform designed to provide users with 24/7 access to top medical professionals via chat and call. The service extends to offering unlimited free consultations for families, a broad spectrum of medical specialties, and cost savings on medications and diagnostic tests. Emphasizing privacy and security, MediBuddy ensures that users can receive prompt medical advice and care from the convenience of their homes, with medication delivery directly to their doorstep.

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., Fusion Capital Limited, Mitsui Sumitomo Insurance Limited, and Milliways Ventures

Key Investors in DocsApp

TECHMATRIX

TECHMATRIX is a technology solutions provider that likely invests in innovative digital health platforms.

Bessemer Venture Partners

Bessemer Venture Partners is a prominent venture capital firm with a long history of investing in early-stage and growth-stage companies across various sectors.

Milliways Ventures

Milliways Ventures is an early-stage venture capital firm that focuses on investing in innovative technology companies, providing support to founders.

What's next for DocsApp?

The recent major strategic investment signifies a pivotal moment for MediBuddy, positioning it for accelerated growth and market leadership. This substantial backing, part of its $27.2M in total capital, will likely be directed towards expanding its technological infrastructure, enhancing user experience, and broadening its service portfolio. Strategic partnerships and potential acquisitions may also be on the horizon as the company solidifies its presence in the competitive digital healthcare landscape. The company's focus on accessible, quality healthcare is expected to drive further user adoption and solidify its market position.

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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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