Doctolib raises 5 million US$ for connecting patients with doctors.
A real boost of energy for Doctolib, who have just raised an extra €4 million with their current investors – Bertrand Jelensperger, CEO of Lafourchette, Antoine Freysz, co-founder and CEO of d’Otium Capital, Olivier Occelli, Naturabuy’s CEO, Maxime Forgeot, Investment Manager at Schroders – as well as Pierre Kosciusko-Morizet, co-founder of ISAI investments and of PriceMinister-Rakuten, and Pierre Krings, co-founder of Kernel Investissements.
The startup, offers a service specialized in booking appointments with health practitioners (dentist, general practitioner, paediatrician, ophthalmologist, gynaecologist, dermatologist, physiotherapist), along with automated text messages reminders, the option to change it in a few clicks, history follow-up, practice and diary management… With this system, the secretary receives 30% fewer calls within a few weeks, and there are 75% less of unfulfilled appointments – an average of 20 per month per practice, states Doctolib.
The website was co-founded in 2013 by Stanislas Niox-Chateau, previously at lafourchette.com – an online booking platform for restaurants – Thomas Landais, also previously at lafourchette.com, Jessy Bernal and Ivan Schneider. The startup had already raised €1 million last February via other business angels. They aim at convincing, by 2020, 400 000 health professionals in Europe, and at reaching 500 million appointments made via the platform.
In this niche market, Doctolib positions itself against players such as MonDocteur.fr, in which Doctissimo has taken 2.7 million euros shares, or KelDoc which raised €700 000 in April 2013, from Alven Capital and some other business angels. A highly potential market: Doctolib has estimated the yearly amount of health appointments made at 2.3 billion, against 200 million hotel bookings. They also estimated at more than 20 million the health practioner internet search made on a monthly basis. Doctolib wants to facilitate the process of that organized mess.
In terms of business model, Doctolib is free for all patients – already a million of them have registered – and its B2B solution is sold as a service, at €99 per month. This fee includes the appointment booking option, the diary (available on computer, mobile and tablet), a website dedicated to the patients, and online presence.
By Olivier Harmant FrenchWeb