Goldman Sachs leads $74M funding round for Doctor on Demand

Virtual care provider Doctor on Demand secured a $74 million round of Series C funding April 25, led by Princeville Global and Goldman Sachs Investment Partners.

Doctor on Demand will use the new cash to support expansion of its platform and deliver access to quality care at scale.

"This latest funding round is a strong vote of confidence in our growth, market position and vision for a high quality, patient-centric healthcare experience," said Hill Ferguson, Doctor On Demand CEO. "By focusing on the quality of the doctor-patient relationship and offering a unique business model that results in immediate ROI and cost savings, we're building a new way of accessing care — for consumers, payers, and providers."

The telehealth company reported triple digit year-over-year growth, with two million patients nationwide, hundreds of enterprise customers and more than two dozen health plan partners. Doctor On Demand has now raised over $160 million in total funding.

More articles on telehealth:
Temple Health telehealth spinout HGE Health expands lung care services
Study: Telemedicine, 'smart socks' improve physical therapy outcomes
Zipnosis adds post-surgical care services to telehealth platform

Copyright © 2022 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars