ZocDoc

Healthcare

Founded: 2007

Last Round Valuation: $2.62B

Zocdoc is a company that has created an online platform aimed at providing patients with a convenient and user-friendly marketplace. The platform is designed to make it easy for patients to connect with doctors in their local area who are part of their insurance network. With Zocdoc, patients can effortlessly schedule appointments online, read genuine reviews from other patients, receive timely reminders for their upcoming appointments and preventive care visits, complete necessary paperwork digitally, and access various other helpful tools and features. The overall goal is to ensure a smooth and hassle-free experience for patients, empowering them to take charge of their healthcare journey.

ZocDoc Overview:

Zocdoc is a renowned online marketplace that revolutionizes the way patients access healthcare services. Founded in 2007, the company's mission is to provide patients with a convenient, seamless, and transparent healthcare experience through their innovative platform.

At the core of Zocdoc's services is their user-friendly online marketplace, which connects patients with in-network doctors in their local area. The platform offers a comprehensive range of features designed to empower patients to take control of their healthcare journey.

One of the key features of Zocdoc is the ability for patients to instantly book appointments online. By providing real-time availability and allowing patients to search for specific specialties, locations, and preferred time slots, Zocdoc simplifies the process of finding and securing appointments with healthcare providers. This eliminates the need for lengthy phone calls or waiting for callback confirmations, saving patients valuable time and effort.

Zocdoc also offers a wealth of information to patients, including real patient reviews. By sharing authentic feedback from previous patients, the platform enables individuals to make informed decisions when choosing a healthcare provider. This transparency empowers patients to find doctors who not only meet their medical needs but also align with their personal preferences and values.

To enhance patient engagement and ensure continuity of care, Zocdoc provides appointment reminders. Through email, SMS, or push notifications, patients receive timely reminders about their upcoming appointments, helping them stay organized and ensuring they don't miss any crucial healthcare visits or follow-ups.

Additionally, Zocdoc allows patients to complete necessary paperwork online before their appointments. This eliminates the hassle of filling out forms in the waiting room and ensures a smoother check-in process upon arrival. By streamlining administrative tasks, Zocdoc improves efficiency and reduces the time patients spend at the doctor's office.

Zocdoc's commitment to accessibility extends to the range of healthcare services it covers. The platform caters to various medical specialties, allowing patients to find doctors across fields such as primary care, dentistry, dermatology, cardiology, and more. This comprehensive approach ensures that patients can find the right healthcare provider for their specific needs within the Zocdoc ecosystem.

Over the years, Zocdoc has become a trusted and widely recognized platform, serving millions of patients and healthcare providers across the United States. By bridging the gap between patients and doctors, Zocdoc facilitates a more efficient and patient-centric healthcare experience, ultimately improving access to care and overall patient satisfaction.

Zocdoc continues to innovate and expand its services, leveraging technology to deliver accessible and patient-focused healthcare solutions. Their dedication to simplifying the healthcare journey and empowering patients is at the forefront of their mission, making them a valuable and influential player in the healthcare industry.

Founders:

  • Oliver Kharraz MD

  • Nick Ganju

Top Investors:

  • Atomico

  • Baillie Gifford

  • Founders Fund

  • Francisco Partners

  • Goldman Sachs

  • Khosla Ventures

Funding History:


Date Share Type Amount Raised Raised to Date Issue Price Post Money Valuation Key Investors
Feb 2021 Series D-2 $100MM $349.62MM $29.29 $2.62B Francisco Partners
Aug 2015 Series D $152.57MM $249.62MM $28.22 $1.6B Atomico, Baillie Gifford, Founders Fund
Sep 2011 Series C $37.5MM $59.55MM $14.57 $771.93MM Goldman Sachs
Sep 2011 Series C-NV $37.5MM $59.55MM $14.57 $771.93MM Goldman Sachs
Jul 2010 Series B $16.67MM $22.05MM $1.72 $82.53MM Founders Fund, Khosla Ventures
Aug 2008 Series A $5.38MM $5.38MM $0.38 $13.44MM Khosla Ventures

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