mHealth App Doctor On Demand Gets a $21M Shot In The Arm
Some months ago in the Sigmund blog we covered a new mobile health app called Doctor on Demand. This innovative approach to healthcare links a growing network of practitioners across America with mobile phone users via video conferencing.
The simple idea is that non-emergencies can be handled more rapidly and more efficiently for patients, while practitioners can increase the number of patients they can effectively treat, generating a brand new and lucrative revenue stream as they go.
Doctor On Demand (DoD) announced on Tuesday the completion of a Series A round of funding which raised $21 million. Leading investors Venrock, whose partner Bryan Roberts joins the DoD board of directors as part of the deal, were joined by Shasta Ventures and angel investor Sir Richard Branson.