Doctify, a healthcare review platform, has announced an additional $7.5M in its latest funding round, taking the overall investment to $20M.
Doctify raises further $7.5m in a new round led by KEEN Venture Partners
The round was led by KEEN Venture Partners, with participation from existing investors, Amadeus Capital Partners, Guinness Asset Management, as well as Tom Teichman (an early-stage investor in Lastminute.com, Simba and Notonthehighstreet.com).
Founded in 2016, Doctify aims to increase trust and transparency in healthcare by providing greater access to patient reviews. With review platforms such as Glassdoor and Trustpilot helping people build trust in businesses, Doctify is pioneering in the healthcare review space.
Doctify has established itself as a significant player by connecting over 4 million people with over 25,000 healthcare professionals and enterprises in the past five years.
Briehan Burke, MD at KEEN Venture Partners, says: “Doctify co-founders Stephanie and Suman, both surgeons by background, bring deep expertise in healthcare and are in prime position to transform and win the market. Their solution is driving real time improvements to patient care across multiple international providers.”
Already present in the UK, Austria and the UAE, Doctify is set to fuel further growth in Germany, Europe’s largest healthcare market. With the passing of the Digital Healthcare Act (DVG), Germany is on a cusp of a digital transformation to become the leading provider of patient-centred digital healthcare.
The company also plans to further develop its Doctify Insights & Analytics Tool for healthcare providers to gain better insights into their patient feedback. With unique access to real-time reviews, benchmarking data and custom patient feedback, the tool will help providers to further understand, learn and improve from the experiences of patients.
Doctify’s CEO Stephanie Eltz (pictured with cofounder Suman Saha) says: “We are excited to partner with investors to help fuel our continued growth and accomplish Doctify’s mission of helping 25 million people across the globe to find the right specialist by 2023. We believe that by empowering providers to better capture patient feedback with technology, we can drive tangible improvements in healthcare.”
Doctify is a healthcare review platform in the UK, Austria, UAE and Germany with plans to expand globally. Founded by two NHS surgeons, Dr Stephanie Eltz and Dr Suman Saha, Doctify allows patients to confidently connect with healthcare providers and enables the healthcare industry to better access valuable patient feedback.
Amadeus Capital Partners is a global technology investor. Since 1997, the firm has raised over $1bn for investment and used it to back more than 130 companies. With vast experience and a great network, Amadeus’ team of investors and entrepreneurs share a passion for the transformative power of technology. We invest in consumer services, financial technology, artificial intelligence, cyber security, medical technology, digital healthcare and digital media.