Singapore-based medical care portal Doctor Anywhere received $27m in series B funding yesterday from investors including healthcare provider IHH Healthcare.
Venture capital fund Square Peg led the round, which also featured multi-family office Kamet Capital and Singapore government-owned investors EDBI and Pavilion Capital, the latter a subsidiary of state-owned investment firm Temasek.
Doctor Anywhere operates a mobile app-based service that allows customers to access general practitioners for 20-minute phone or video appointments covering minor and chronic conditions. They can secure referrals, get prescriptions filled and store medical records securely using the platform.
The company is present in Singapore and Vietnam and recently launched in Thailand. It formed a joint venture with Axa last month that will enable it to enter the UK.
IHH Healthcare CEO Kelvin Loh said: “IHH is transforming healthcare to make it as convenient as possible for our patients. As part of this journey, IHH is very pleased to partner with Doctor Anywhere.
“Their end-to-end digital platform enables patients to schedule and receive virtual consultations with a doctor anytime, anywhere. Prescribed medications can also be delivered right to their home. The partnership is immediately synergistic in Singapore which is one of IHH’s home markets.”
Doctor Anywhere said the round increased its overall capital base to more than $40m, Kamet having participated in a $5.6m series A round in July 2018.
