Doctolib, a startup that schedules appointments with doctors for patients, has announced it raising $20 million in Series B round of funding led by London team of venture capital firm Accel Partners. The round also consisted of business angels that include BlaBlaCar co-founder Nicholas Brussion, PriceMinister founder Pierre Kosciusko-Morizet and LaFourchette co-founder and CEO Bertrand Jelensperger.
Founded in 2013 by Stanislas Niox-Chateau, Ivan Schneider and Jessy Bernal, Doctolib is a cloud-based booking software designed to help doctors manage booking, find new patients and reduce no-shows. The French startup also enables the users to browse for doctors, see their availability, book an appointment and manage their bookings. The platform consists of everyone from individual physicians to doctors in large hospitals.
Co-founder and CEO Niox-Chateau said, “Our goal is to consolidate our leading position in France and expand to other European countries. We started 18 months ago, and we now have 5000 doctors using our platform every day in order to manage their bookings. We have around a hundred clinics. And we get 2 million monthly unique visitors. When it comes to traction, we are adding 600 doctors per month, and we plan to double this number in the coming weeks.”
With the fresh funds, the Doctolib plans to invest for the growth of the company and to expand its operations to other countries in Europe. It also intends to strengthen the company’s team of 120 people to 500 employees in near future. Further to the funding, Accel partner Philippe Botteri would join the Doctolib board of directors. Botteri said, “They have managed to develop a superior product loved by doctors and their impressive growth is a testament of their operation strength and unique culture. They are helping doctors join the digital and cloud revolution.”