Singapore-based healthtech company Doctor Anywhere has secured US$40.8 million in a Series C1 extension round from Square Peg and Novo Holdings.
The company will use the funds for innovation and deepening its presence in secondary care.
Founded as a telemedicine platform in 2017, Doctor Anywhere is a tech-led healthcare company providing comprehensive care encompassing primary care, specialist care, telehealth, preventive health, and wellness solutions. It focuses on enhancing healthcare accessibility, improving health outcomes, and delivering a personalised, borderless, and inclusive healthcare experience.
Also Read: ‘Current macroeconomic headwinds weigh heavily on healthcare sector’: Doctor Anywhere CEO
The healthtech firm claims to serve more than 2.5 million users in six Southeast Asian countries. In December 2022, the company acquired Asian Healthcare Specialists, a group of 14 medical specialists with a patient-first approach and vision to make specialised care accessible to all.
“We’ve successfully built a regional digital healthcare ecosystem, delivering accessible and
convenient healthcare services through digital innovation. In the next phase of Southeast
Asia’s healthcare evolution, our goal is to empower individuals to take charge of their health and well-being with early detection and preventive measures against chronic illnesses,” said Lim Wai Mun, Founder and CEO.
A year ago, Doctor Anywhere announced a US$38.8 million Series C1 financing round led by international life science investor Novo Holdings. Existing shareholders also participated, including Asia Partners, Kamet Capital, Square Peg, IHH Healthcare, EDBI, and OSK-SBI Venture Partners.
In 2021, Doctor Anywhere bagged US$65.7 million in a Series C financing round, led by local growth equity investor Asia Partners. In the same year, it acquired telemedicine platform Doctor Raksa to deepen its presence in Thailand by expanding its medication delivery services.
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Image Credit: Doctor Anywhere.
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