DocPlanner Secures $20 Million Series C Funding to Build World's Largest Doctor Database and Files IPO Prospectus

DocPlanner is an online doctor appointment platform headquartered in Poland, Europe. It connects general patients with private doctors, dentists, nutritionists, psychological counselors, as well as clinics of various sizes. Doctors can follow and respond to patient reviews submitted on its platform, and most importantly, accept patient appointments through the platform.

Series C Financing

According to MobiHealthNews, DocPlanner secured $20 million in its Series C funding round a few days ago. The round was led by Target Global, with participation from ENERN Investments and the European Bank for Reconstruction and Development (EBRD).

DocPlanner raised $1 million in angel funding in December 2012, $3 million in Series A funding in September 2013, and $10 million in Series B funding in May 2015. With the latest raise of $20 million, its total fundraising amounts to $34 million. Previous investors include Point Nine Capital, Piton Capital, and RTAventures, as well as prominent angel investors Lukasz Gadowski and Fabrice Grinda.

Mergers and Acquisitions to Expand the Market

DocPlanner also announced that it has reached a merger agreement with its competitor, Doctoralia, aiming to become the leader in the online medical appointment sector. Prior to the merger, DocPlanner had 8 million monthly active users from 25 countries, with 90% based in Europe and the remainder primarily located in Asia or South America. On the platform, users made an average of 200,000 appointments per month.

Doctoralia is headquartered in Spain and was founded in 2007. Similar to DocPlanner, it operates as an online medical appointment platform and currently boasts 9 million monthly active users. Its user base spans 20 countries, primarily in Spain, Brazil, and Mexico.

Following the completion of the merger, DocPlanner is projected to have approximately 17 million monthly active users, effectively doubling its base of potential paying customers. DocPlanner will boast the world’s largest database of general practitioners, with over 5 million registered physicians.

Regarding DocPlanner’s future plans, Founder and CEO Mariusz Gralewski stated, “Our goal is to become the world’s leading online healthcare platform. Currently, we are focusing on market expansion, strengthening our market position, and enhancing our global influence. We plan to expand into Poland, Turkey, and Italy through either organic growth or acquisitions. Increasingly, both doctors and patients are recognizing the significant value of healthcare platforms. We are actively increasing the availability of doctors’ appointment slots and striving to deliver a high-quality experience for both doctors and patients.”