Doctolib, a Franco-German company, founded in 2013 has raised €150 million of funding from investors, valuing the company at over €1 billion.
Doctolib allows patients to find nearby healthcare professionals, book / manage appointments online 24/7, have remote medical consultations via video and receive a digital prescription in their online account. The company employs 750 staff in 40 cities in France and Germany.
In 5 years, Doctolib has become a leading ehealth service in Europe and receives 30 million online visits from patients every month.
Stanislas Niox-Chateau, Doctolib co-founder and CEO, said: “Our missions have been the same since day one: making our healthcare system more human, efficient and connected and building a company of several thousand people sharing humanist values. We believe that physicians are at the heart of the healthcare transformation: Doctolib team has the mission to create the best services possible with them.”
Chris Caulkin, Managing Director and Head of Technology for EMEA at General Atlantic, said: “The European healthcare market is at a digital inflection point. We believe technology is in the early innings of transforming how patients and doctors engage with healthcare, and that there is significant potential to improve the service delivery model and overall access to healthcare. We are very impressed by Doctolib’s progress in only five years. Their approach to healthcare digitization has delivered concrete results. We are very excited to join the Doctolib team in their mission to transform healthcare.”
Doctolib’s existing investors including Accel, Eurazeo, Kernel and Bpifrance also participated in the round, reaffirming their trust in Doctolib and their long-term support to the management team.
This fresh funding will allow Doctolib to accelerate its contribution to the digital transformation of healthcare, alongside physicians and hospitals. Doctolib aims to:
- Double the size of its team in the next three years to support growth in its two domestic markets: Germany and France;
- Roll out its telehealth service to its community of 75,000 physicians and 1,400 healthcare facilities in France and Germany. Launched in January 2019, the telehealth module is already used by hundreds of doctors who can carry out video consultations with their patients, send them a digital prescription and bill them online automatically;
- Double its investment in technology, product and design. The company has two development centres in Paris and Berlin with 150 engineers and developers. Doctolib will work closely with physicians and hospitals to create new services for them and for their patients;
- Expand into new geographies in the coming years.
