Doctify, a health-tech company providing SaaS solutions for healthcare, raises $10 million in growth funding. The transatlantic venture capital company Beringea led the round in which well-known investors Keen Venture Partners, Amadeus Capital Partners, and Guinness Ventures participated. The funds will help Doctify not only enhance the potential and quality of the product but also reach new markets and expand the team.
Doctify is a closed review platform that enables patients to find the necessary help from multiple specialists and health institutions. Doctify is one of the first healthcare review platforms and provides patients transparency regarding their healthcare options. Additionally, through the platform, patients can schedule appointments with specialists. From the other perspective, Doctify provides doctors, dentists, and hospitals with meaningful insights reaching beyond the simplified star ratings.
Our health is the most precious thing we have. With Doctify, we are working on building the world’s most important healthcare platform to help millions of patients. We are excited to welcome our new investors, Beringea, whom we first met years ago, and we are delighted with the support of our existing investors.
- Stephanie Eltz, CEO and co-founder of Doctify
Launched in 2015 by Stephanie Eltz and Suman Saha, both NHS surgeons at the time, Doctify today has reached more than 25,000 healthcare providers, which include The Cleveland Clinic, The Royal Marsden, HCA, Priory Group, and The Mayo Clinic. Doctify has been used by more than 50 million patients and is present in the UK, the UAE, Germany, and Austria. By 2025, the company aims to reach more than 100 million patients, expanding its reach to a global extent.
With referrals, we trust our GP or friends and family when that is just a single opinion. Many insurers make referrals to doctors who have the best rates. Doctify is solving the healthcare journey through patient reviews and publishing professional endorsements between doctors. Doctify is giving patients information about their providers that matters to them. It makes no sense that consumers remain in the dark about healthcare providers when they can find thousands of reviews for a holiday rental! As qualified surgeons who have undergone their health scares and challenges, Stephanie and Suman are powerhouses who acutely understand the needs of modern patients and would not accept the status quo. We are incredibly excited to enable Doctify to scale its vital product to millions more patients globally.
- Carrie Babcock, Investment Manager at Beringea
Beringea is focused on entrepreneur companies with solid foundations and strong growth potential that are founded by experts and already experienced field leaders. Guided by the core principles of trust and transparency, Doctify’s focus is set on global expansion and technology-led innovation to which the funding will contribute.