Doctolib books $27.9m series C

Bpifrance has led a funding round for Doctolib, which will strengthen the company’s market share in France and Germany as well as accelerate a European expansion.

France-based medical appointment booking application Doctolib has closed a €26m ($27.9m) series C round led by public investment bank Bpifrance.

VC firm Accel, Pierre Kosciusko-Morizet, co-founder of e-commerce platform PriceMinister, and Nicolas Brusson, co-founder of online carpooling service BlaBlaCar, and Ludwig Klitzsch, chief executive and owner of his eponymous family-run health group, also took part.

Founded in 2013, Doctolib’s software-as-a-service platform allows patients to browse available appointments by specialism and book on any mobile device, while helping doctors manage their schedules and reduce administration.

Doctolib’s platform currently lists more than 17,000 doctors and 435 healthcare establishments. The company claims to have six million visitors to its website each month.

The latest investment will be used to cement the platform’s position in France and Germany and speed up its European rollout plans. As well as improving functionality, Doctolib intends to hire more than 150 new team members this year.

In 2015, the platform raised €18m in a series B round led by Accel, with backing Pierre Kosciusko-Morizet and Bertrand Jelensperger, co-founder and chief executive of restaurant booking app LaFourchette.

The company also received €1m in seed funding in 2014, bringing total funding to €50m in the past three years.

See more from this Government Report: France


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