PushDoctor raises $8m from VC funds for growth
A MANCHESTER tech company which has developed an on-demand online GP surgery has raised $8.2m (around £5.5m) in a funding round to boost its growth.
PushDoctor.co.uk, which describes itself as Europe’s largest online GP market place, has received backing from three institutions, Oxford Capital, Draper Esprit and Partech Ventures.
PushDoctor aims to makie healthcare accessible for the tens of millions of people in the UK who find seeing a doctor difficult. Its Apple app and online service, which has been approved by regulators , allows patients to book and attend secure video GP appointments seven days per week, 365 days of the year.
The company, which has five staff now, had previously raised a $1.2m in a seed funding round.
The new investment will fund further product innovations, and recruitment of marketing and product development staff.
Eren Ozagir, founder and chief executive said: “PushDoctor is the category leading digital primary care provider and will continue to work to provide UK patients with the ability to see a doctor whenever they want in a matter of minutes, at a price that is affordable and super-sustainable.
Ozagir, a former marketing director at Music Magpie, added: “We are all about usage, we want patients to get the advice they want from real doctors, in person and at a time that is convenient for them. This investment will allow us to continue to deliver important step-changes in digital health. We believe that having the ability to see a doctor on-demand speeds up the patient journey to recovery and that every patient should have the choice to reach for professional advice when they need to.”
As part of the deal, Oxford Capital managing director of growth capital, Tom Bradley and Draper Esprit partner, Vishal Gulati will both join the company’s board as non-executive directors.
The service charges £25 for a 10-minute appointment with a General Medical Council-regulated GP, while prescriptions are £4.50 and referral letters or fit for work notes are £12.50.
PushDoctor was advised by Tim Dempsey of Epiphany Capital and Jonathan Gillow from law firm Hill Dickinson while Oxford Capital and Draper Esprit were advised by Keystone Law.
