BetterDoctor Raises $2.6M Seed Funding

BetterDoctor is doctor-finding service based on hundreds of public and private data sources. We have 1 million doctors in our database and have helped 4 million people to find a quality doctor.

We have raised $2.6M in seed funding to grow into a matchmaking service for patients and doctors.

The founder’s story

In 2011, my family experienced a series of life-changing medical emergencies which required a team of over 15 doctors and specialists. Unfortunately, finding those specialists was a huge time sink.

I soon understood the pain of the 70+ million Americans looking for new doctors every year – and soon even 30 million more people because of Obamacare. There simply wasn’t a good way to find quality doctors.

Drawing on a background in gaming and technology, my co-founder Tapio Tolvanen and I both left our positions at Nokia to found BetterDoctor. I used to lead Nokia’s App Studios, Tapio was Chief Architect and Head of Technology. We studied the problem closely, built a team and a system to solve it, and launched BetterDoctor a year ago.

Since debuting at TC DISRUPT in 2012, over 4 million people have used BetterDoctor to search for high-quality doctors in their area and insurance network. Today, almost 1 million people rely on BetterDoctor each month to find new doctors. We’ve designed a beautiful mobile web experience to make it available on all devices.

About BetterDoctor, the product
Designed to complement traditional user-generated ratings and reviews, BetterDoctor draws on an array of public and privately available quality indicators to rank every doctor in the United States.

A few of the factors we examine–which most people either don’t have access to or typically look for–include:

  • Experience
  • Education
  • Medical licensing
  • Board certification
  • Judicial sanctions
  • Professional and referral network

BetterDoctor’s Funding
We are very excited to have a great mix health and consumer web investors join the mission! The $3.6M Seed round was led by SoftTechVC and Burrill & Co. Jeff Clavier from SoftTechVC, Dirk Lammerts from Burrill & Co and Kristian Segerstrale from Initial Capital joined the board.

Notable investors:

SoftTechVC (Silicon Valley, USA)
The leading early stage investors with web and mobile focus. 125 Seed-round and A-round investments.
http://softtechvc.com/

Burrill & Company (Silicon Valley, USA)
The leading LifeScience and digital health fund with over $2B in management.
http://www.burrillandco.com/

500 Startups (Silicon Valley, USA)
The world’s most active seed fund and influential incubator lead by Dave McClure. Have done 500 investments.
http://500.co/

WTI (Silicon Valley, USA)
Western Technology Investment: the first investors in Facebook and Google. Over $2B in investments.
http://www.westerntech.com/

Lifeline Ventures (Helsinki, Finland)
One of the leading European early stage investors behind Supercell and other successful Finnish companies.
http://www.lifelineventures.com/

Initial Capital (Silicon Valley, USA)
Social media, gaming, consumer web and mobile focused Seed Fund. Lead by Finnish serial entrepreneur Kristian Segerstrale (Playfish, EA).
http://www.initialcapital.com/

Commerce Ventures (Silicon Valley, USA)
Venture fund focused on Online Marketplaces
http://commercevc.com/

MESA+ (New York, USA)
Media and commerce focused seed fund in New York
http://www.mesaglobal.com/

Kima Ventures (Paris, France)
Active angel/seed stage investor with web and mobile focus
http://www.kimaventures.com/

   

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