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Docquity, A Community For Healthcare Professionals, Raises $44M Series C

Sep 05, 2022•about 3 years ago

Amount Raised

$44 Million

Round Type

series c

SingaporeMedicalHealth Care

Description

A call between doctors can save lives. That’s what Docquity co-founder Indranil Roychowdhury learned when his father was hospitalized with a life-threatening condition in India. An emergency room doctor initially told him that there was no chance of survival, but then another doctor called one of his peers in the United States, and they came up with an alternative treatment plan that worked. Docquity was created to help doctors collaborate in the same way, at scale, even if they live in different countries.

Company Information

Company

Docquity

Location

Beach Road #35-28 Gateway West

Singapore, Southeast Asia, Singapore

About

The Singapore-based company announced today it has raised $44 million in Series C funding led by returning investors Itochu Corporation, which put in $32 million. The company claimed two-fold revenue growth in 2021. The company now has a team of 300 people and aside from its Singapore headquarters, also has a tech and engineering hub in Gurgoan, India, and other offices in Indonesia, the Philippines, Malaysia, Thailand, Vietnam and Taiwan.In addition to giving doctors tools to connect and collaborate, Docquity has partnered with more than 250 medical associations in Southeast Asia to develop learning modules, which can be used to earn compulsory continuing medical education (CME) credits. The company says that so far, its platform has enabled doctors to earn a total of 4.2 million CME credits. Docquity was founded in 2015 so doctors and other healthcare professionals have an easier way of working with one another. Docquity has three core features.

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