Air Doctor raises $7.8 million
Air Doctor, a technology platform providing a global medical outpatient network that connects travelers with local doctors, has raised $7.8 million in a Series A round from AXA-backed Kamet Ventures and Israeli insurer The Phoenix Insurance Company.
Founded in 2016, Air Doctor connects people who are sick abroad with local private physicians who are skilled at treating non-emergency conditions. The platform, currently available across 42 countries in five continents, allows patients to tap into a network of leading doctors that fit their location, language, specialty, and cost needs in a matter of minutes.
For the travel ecosystem including the insurance industry, credit card companies and mobile operators, Air Doctor offers a “seamless digital solution that reduces claim and operational costs while increasing customer loyalty and satisfaction.” To date, Air Doctor clients have seen an increase in insurance revenues by 30% and a reduction in claims related to doctors’ visits by 14%
“Air Doctor is very privileged to have gained the trust and support of two leading European-based corporates. These alliances mean so much to us, acknowledging the market need for our digital solution for both the travel and health industries. We live in an age where the customer wants to have the power to choose, order, and receive any service from a tap on a screen. We are excited about this next chapter of growth for Air Doctor as we expand to even more geographies and continue to utilize technology to help people travel more comfortably and safely around the globe. We have the right product and the perfect team to make it happen.” – Jenny Cohen Derfler, CEO and founder of Air Doctor.
“As their first corporate client, we saw first-hand the impact that Air Doctor’s unique offering had on our business and on our customer satisfaction. We are proud to be backing Air Doctor in this next stage of their growth as they seek to transform the travel insurance market globally.” – Dudi Oz, Head of Travel Insurance at The Phoenix Insurance Company.
“Over the past few years, we have seen consumer personalization become ubiquitous across many industries. We are proud to continue to be part of Air Doctor’s tremendous growth story as it revolutionizes traveler health insurance by delivering highly personalized care while significantly reducing costs for insurance providers.” – Stephane Guinet, CEO of Kamet Ventures.