The Malaysia-based startup will use newly raised capital to grow its teams, accelerate technological innovation and expand into new markets
Malaysia-based healthtech startup BookDoc announced today that it has concluded its seed round led by Prince Abdul Qawi, a member of the royal family of Brunei. While BookDoc declined to divulge the exact investment amount, a spokesman from the company said that it was “north of seven-digit US dollars”.
In a press release, BookDoc said that the latest round of funding will go towards expanding its workforce, funding the second phase of its technological development and strengthening the infrastructure to support regional growth.
In addition to Singapore and Hong Kong, BookDoc also plans to roll out its services in Indonesia, Thailand and the Philippines over the next few months.
It previously raised a seven-digit pre-seed USD round with an eight-digit USD valuation from a range of investors including:In addition to Singapore and Hong Kong, BookDoc also plans to roll out its services in Indonesia, Thailand and the Philippines over the next few months.
- Danny Yeung, Founder, Groupon Hong Kong and former CEO, Groupon East Asia
- Datuk Yvonne Chia, former CEO, Hong Leong Bank Berhad
- Kenny Thing, Chief Marketing Officer, Manulife Insurance Berhad
- Dato Sharil Tarmizi, former Chairman, Malaysian Communication and Multimedia Commission (MCMC)
- Dato Dr Maimunah, former Deputy Director General, Health Malaysia
- Dato Syed Budriz Putra, Founder and former CEO, Sepang Aircraft Engineering, which is an Airbus Group Company
- Lee Mean Yeit, former Head of Strategy, Sime Darby Healthcare
Founded in July 2015 by Dato Chevy Beh — former Managing Director of BP Healthcare Group — together Joel Neoh — Founder of Groupon Malaysia and former CEO of Asia Pacific for Groupon — and officially launched in October, BookDoc is a app that runs on both iOS and Android that connects and unites users with healthcare providers.
BookDoc has established partnerships with major hospitals in Malaysia including Institut Jantung Negara (National Heart Institute) and Sime Darby Ramsay Healthcare.
The company also said that it has signed up corporate clients, which have a combined market capitalisation of US$15 billion.
Recently, it established an Advisory Group, which comprises respected healthcare leaders initially from Malaysia, to advise BookDoc on strategic areas related to content, medical ethics, regulatory matters and issues of interest to the people it serves, namely the public and medical communities.
It has also partnered with leading Southeast Asian ride-hailing startup GrabTaxi to give users who cannot drive easier access to medical care.
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