Europe’s largest online GP marketplace closes successful round with backing of Oxford Capital and Draper Esprit
PushDoctor.co.uk, Europe’s largest online GP marketplace, has raised an $8.2million round of Series A financing. The round was jointly led by Oxford Capital and Draper Esprit, who were joined by Partech Ventures.
PushDoctor.co.uk is an online GP surgery that aims to make healthcare accessible for the tens of millions of people in the UK who find seeing a doctor difficult.
The Care Quality Commission-regulated and NHS-commissioned service allows patients to book and attend secure video GP appointments seven days per week, 365 days of the year, via a website and iOS app.
The company had previously raised a $1.2 million seed round, bringing its total funding to date to $9.4million.
PushDoctor.co.uk plans to use the investment to strengthen its brand position, carry out further product innovations and expand the business’s management structure.
Eren Ozagir, founder and CEO at PushDoctor.co.uk, said the business “will continue to work to provide UK patients with the ability to see a doctor whenever they want in a matter of minutes, at a price that is affordable and super-sustainable.”
“We are all about usage, we want patients to get the advice they want from real doctors, in person and at a time that is convenient for them,” he continued.
“This investment will allow us to continue to deliver important step-changes in digital health. We believe that having the ability to see a doctor on-demand speeds up the patient journey to recovery and that every patient should have the choice to reach for professional advice when they need to.”
As part of the deal, Oxford Capital managing director of growth capital, Tom Bradley and Draper Esprit partner, Vishal Gulati will both join the PushDoctor.co.uk board as non-executive directors.
Bradley said: “We are excited to be working with the PushDoctor.co.uk team, who are truly creating a digital healthcare brand for the long term; a brand that people will turn to in important moments – for real help. It has the potential to change lives with each and every connection.”
PushDoctor.co.uk was advised by Tim Dempsey of Epiphany Capital and Jonathan Gillow from Hill Dickinson LLP whilst Oxford Capital and Draper Esprit were advised by Barry Maytum of Keystone Law LLP.