ZocDoc, which helps users book doctor appointments online, said on Thursday it raised $130 million in funding, valuing the U.S. digital healthcare company at $1.8 billion.

The funding was led by Baillie Gifford and Atomico, with participation from existing investor Founders Fund.

The proceeds would be used to develop products and expand beyond its scheduling capability, the company said. (bit.ly/1J6Tspr)

ZocDoc, founded in 2007, is used by millions of people in all 50 U.S. states and covers 60 percent of the country’s population.

The New York-based startup also helps patients find in-network neighborhood doctors and get reminders for upcoming appointments and check-ups.

(Reporting by Abhirup Roy in Bengaluru; Editing by Sriraj Kalluvila)

This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers.

Related Posts

Facebook Comments

Return to Top ▲Return to Top ▲