What is DocsApp?
MediBuddy, formerly known as DocsApp, operates as a comprehensive online doctor consultation platform, offering users 24/7 access to top MD doctors via chat and call. The service extends to unlimited free consultations for families, a broad spectrum of medical specialties, and cost savings on medicines and lab tests. DocsApp emphasizes private and secure consultations, with the added convenience of doorstep medication delivery. This digital health solution caters to individuals seeking immediate medical advice and care from the comfort of their homes, positioning itself as a key player in the evolving healthcare landscape.
How much funding has DocsApp raised?
DocsApp has raised a total of $27.2M across 2 funding rounds:
Series A
$7.2M
Series B
$20M
Series A (2017): $7.2M with participation from TECHMATRIX and Bessemer Venture Partners
Series B (2020): $20M led by Milliways Ventures, Mitsui Sumitomo Insurance Limited, Rebright Partners Pte Ltd, Bessemer Venture Partners, Beyond Next Ventures Inc., and Fusion Capital Limited
Key Investors in DocsApp
Bessemer Venture Partners
Bessemer Venture Partners is a venture capital firm with a long history, established in 1911. They have a global presence with offices in key innovation hubs and focus on investing in companies across various stages.
Milliways Ventures
Milliways Ventures is an early-stage venture capital firm that invests in companies developing innovative and impactful technology, providing guidance and support to founders.
TECHMATRIX
TECHMATRIX is a technology company that has participated in funding rounds for DocsApp, indicating a strategic interest in the digital health sector.
What's next for DocsApp?
The recent major strategic investment in DocsApp, following its enterprise-level funding, indicates a pivotal phase for the company. This capital infusion is expected to fuel further expansion of its service offerings, enhance technological infrastructure, and potentially broaden its market reach. As the telemedicine sector continues to mature, DocsApp appears poised to leverage this strategic backing to solidify its position and drive innovation in accessible healthcare solutions.
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