Doctolib on a Growing Spree

Paris-based Doctolib, an online booking management software provider for European physicians, has secured 500 million euros ($550 million) in funding which brings the value of the company to 5.8 billion euros ($6.4 billion). The latest funding will be used to create 3,500 jobs by 2027, which would bring its workforce to 6,000 employees. In addition, Doctolib said it plans to expand beyond appointment booking and introduce an instant messaging service for the healthcare community and a platform to consolidate medical documents. The startup said it will also strengthen its data security. Doctolib’s platform provides management software for practitioners to manage patients and their appointments and an online service for patients to facilitate access to care, enabling health professionals and users to manage and streamline access to healthcare services.

The company said it works with 65,000 health practitioners in 1,300 health facilities. About 25 million patients visit Doctolib website and its mobile app every month. Eurazeo led the financing round. It also included existing backers Bpifrance and General Atlantic. Founded in 2013, Doctolib is one of Europe’s fastest growing healthcare technology companies.

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