Air Doctor raises $20 million

Medical care and travel startup Air Doctor has secured $20 million in funding led by Lightspeed Venture Partners. Joining this round are Vintage Investment Partners, Munich Re Ventures, Israeli insurer The Phoenix, and Kamet Ventures.

Founded in 2016, the Israeli startup connects people who are sick abroad with local private physicians who are skilled at treating non-emergency conditions. Air Doctor’s outpatient medical network covers 74 countries and includes over 20,000 medical professionals who provide either in-person or telemedicine consultations.

“As the world emerges from COVID-19, people have resumed travel, with a greater demand for suitable travel insurance and digital solutions. The pandemic has forced the industry to reassess local medical treatment available for travelers. Today, travelers testing positive for the Coronavirus will be able to seek medical care in the local communities they are in rather than in hospitals. Air Doctor has become one of the fastest-growing startups, with tens of thousands registered users and many more accessing the network worldwide. Today the company offers a unique and distinctive digital product with almost no competition worldwide.” – Jenny Cohen Derfler, CEO and founder of Air Doctor.

“Air Doctor addresses a major pain point for the health and travel insurance industry, and Lightspeed is excited to lead the company’s new $20 million funding round. Air Doctor continues to prove itself as an innovator in travel health by digitizing a significant aspect of the travel experience.” – Yoni Cheifetz, partner at Lightspeed. “