Doctor Care Anywhere raises £55.7m through an initial public offering on the Australian Securities Exchange.
The digital healthcare provider secured £55.7m via an initial public offering to fund its expansion plans.
Doctor Care Anywhere provides digital healthcare services, connecting primary care, diagnostics and secondary care through cloud-based technology. The firm offers virtual GP appointments and integrated hospital services to millions of patients.
Doctor Care Anywhere has raised £55.7m through an initial public offering on the Australian Securities Exchange. The capital will support the provider of digital health services in executing its growth strategy and launching new clinical offerings.
The firm plans to direct the proceeds towards expanding its market presence and rolling out specialised mental health services in the UK. This listing values the company alongside a newly broadened register of institutional backers.
The company has experienced significant growth in consultation volumes over the preceding year, underpinned by strategic partnerships with major health providers.
From the founder
"today marks an important milestone in Doctor Care Anywhere’s journey to become a global leader in digital health, through joining up the patient journey and making it work better for patients. The capital we’ve raised with this IPO will allow us to better serve our current patients with a more extensive range of services, and accelerate our growth plans to make digital health another valuable UK export that patients around the world can benefit from."
Bayju Thakar
Founder and Chief Executive Officer at Doctor Care Anywhere
Use of funds
- 01Expand into international markets
Categories
About the company
Doctor Care Anywhere
Doctor Care Anywhere provides digital healthcare services through virtual GP appointments and integrated hospital platforms.