DocDoc Raises $13M
Singapore-based doctor discovery platform DocDoc has announced the close of an institutional capital raise of $13m. The financing was done on a convertible note and was led by Adamas Finance Asia Limited, a London-listed investment company, alongside leading regional family offices, a fund managed by a global investment firm specializing in financial services and the Cyberport Macro Fund. This brings the total funding DocDoc has raised to date to $24.6m.
Operating in eight countries, DocDoc has built the largest network of doctors in Asia with over 23,000 doctors and 793 clinics and hospitals in its network. It partners with insurance companies and corporations enabling them to reduce costs, provide a superior level of service and offer a differentiated product to their policyholders.