Sumary of WebDoctor gets €3m investment as it targets new markets:
- It now enables engagement and collaboration between healthcare practitioners and their patients, with more than 350,000 Irish patients registered on its GP platform.
- Revenue at WebDoctor rose 75 per cent between 2019 and 2020 as telehealth services experienced a boom during the Covid-19 pandemic.
- chief executive David Crimmins told The Irish Times he expects this level of growth to be maintained this year.
- Mr Crimmins said while the company is best known for its online consultancy offering it is also increasingly working with healthcare professionals looking to offer more digital services, but who are currently using legacy systems or none at all.
- “We are excited to invest in WebDoctor – a successful, scaling Irish health technology business with a really strong team of promoters and entrepreneurs,” he said.
- “WebDoctor is a great example of an Irish company with an excellent market opportunity, proven team and exemplary technology / product platform,” Mr Foy added.
- The investment is the fund’s second following a €2 million funding round for Irish meal-kit delivery service DropChef.
- VentureWave Capital is has a €100 million target for its Impact Ireland fund, which invests in Irish “tech for good” companies.