Growth1 February 2023

Doctify raises $10m in a growth round led by Beringea to accelerate international expansion

Beringea led the growth round for the patient review platform, with continued support from Keen Venture Partners, Amadeus Capital Partners, and Guinness Ventures.

$10.0MGrowth

≈ £8.1M at $1 = £0.8073 on 1 Feb 2023

Doctify provides an online platform that enables patients to review healthcare specialists and schedule medical appointments.

Doctify has raised $10m in a growth round led by Beringea, with participation from existing backers Keen Venture Partners, Amadeus Capital Partners, and Guinness Ventures. The latest injection takes the company past £22m in total funding since inception.

Founded by former NHS surgeons Stephanie Eltz and Suman Saha, the platform connects patients with verified reviews of health and social care providers while facilitating appointment scheduling. The company currently operates in the UK, Austria, the UAE, and Germany.

Proceeds from the round will be directed towards international market expansion, product development, sales, and marketing, alongside growing the existing team.

From the founder

"Our health is the most precious thing we have. With Doctify, we are working on building the world’s most important healthcare platform to help millions of patients. We are excited to welcome our new investors, Beringea, whom we first met years ago, and we are delighted with the support of our existing investors."

Stephanie Eltz

CEO and co-founder at Doctify

Investor perspective

"With referrals, we trust our GP or friends and family when that is just a single opinion. Many insurers make referrals to doctors who have the best rates. Doctify is solving the healthcare journey through patient reviews and publishing professional endorsements between doctors. Doctify is giving patients information about their providers that matters to them. It makes no sense that consumers remain in the dark about healthcare providers when they can find thousands of reviews for a holiday rental!"

Carrie Babcock

Investment Manager, Beringea