Entrepreneur

S'pore MedTech Startup DocDoc Raises US$13M, Brings Total Funding To US$24.6M

Singapore-based medtech startup DocDoc Pte. Ltd. announced today that it has raised US$13 million in capital, bringing its total funding raised to date to US$24.6 million.

The round was led by London-listed investment company Adamas Finance Asia Limited (ADAM), alongside regional family offices, a fund managed by a global investment firm specialising in financial services, and the Cyberport Macro Fund.

Established in 2012 by husband-wife duo Cole Sirucek and Grace Park, DocDoc is said to be the world’s first patient intelligence company which aims to “empower patients to optimise their healthcare decision-making and enhance the patient’s end-to-end healthcare journey”.

It offers users services like AI-powered doctor discovery, telemedicine, and cashless settlements.

DocDoc currently operates in eight countries, and has more than 23,000 doctors located in 793 clinics in its network.

Said Cole Sirucek, DocDoc Co-founder and CEO: “We believe in the potential of our patient intelligence platform to revolutionise and redefine the delivery of healthcare.”

“Of course, we enable our partners to save money, boost engagement and delight their customers in measurable ways, but what is far more important is that we meaningfully help people. Real people with real problems. People who are uncertain or scared, people who know a lot or almost nothing about healthcare, and people who need a friend to help navigate an amazingly complex healthcare ecosystem.”

 

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