Doctor On Demand Announces USD 75M in Series D Financing

Doctor On Demand, the nation´s virtual care provider, announced it has secured USD 75 million in Series D financing led by General Atlantic, a global growth equity firm, with participation from existing investors, the company said.

The funds will be used to accelerate Doctor On Demand´s investments in growth and further expand access to high-quality, comprehensive virtual care for patients nationwide.

While COVID-19 has driven a sharp increase in utilization of Doctor On Demand´s urgent care and behavioral health services, more than half of the company´s 2020 future growth is focused on the continued expansion of its Virtual Primary Care offering. This service enables health plans and employers to deliver cost-efficient, comprehensive virtual care inclusive of integrated behavioral health, 24/7 everyday & urgent care, and chronic care management to their populations while reducing costs.

Doctor On Demand, the nation´s virtual care provider, is reimagining what healthcare looks like for today´s world. Doctor On Demand´s nationwide healthcare platform puts the patient first by providing access to physicians, psychiatrists, therapists and a care coordination team via video visits, voice and messaging. To access Doctor On Demand, download the app or visit www.doctorondemand.com.

General Atlantic is a global growth equity firm providing capital and strategic support for growth companies. Established in 1980, General Atlantic combines a collaborative global approach, sector specific expertise, a long-term investment horizon and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to build exceptional businesses worldwide. For more information on General Atlantic, visit: www.generalatlantic.com.