# HotDoc Online

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hotdoc-online-pty

- Industry: Healthcare IT
- Headquarters: Melbourne, Australia
- Website: www.hotdoc.com.au
- Total disclosed funding: $14M
- Latest round: Series C (Jun 12, 2020)
- Investors on record: 5

## About

HotDoc Online Pty Ltd is a digital healthcare platform that enhances patient access to medical professionals through efficient appointment booking and management services.HotDoc Online Pty Ltd, founded in 2012 in Melbourne, Australia, operates a platform that connects patients with healthcare providers. The founders, John Servinis, Simon Holland, and Tom Spacek, established the company with a focus on streamlining healthcare appointments. The company has completed three funding rounds, with its most recent being a Series C round in June 2020, where it raised AUD 11.90 million, led by Ramsay Health Care Limited Group and AirTree Ventures. The total amount raised by the company to date is AUD 11.90 million, with a current valuation of AUD 108.23 million.HotDoc provides a comprehensive digital platform designed to streamline healthcare appointments and enhance patient access to medical professionals. The core offerings include an appointment booking system that connects patients with general practitioners, dentists, specialists, and allied health providers across various disciplines. The platform allows users to search for healthcare professionals by specialty, check availability, and book appointments directly through the HotDoc app, which is available on both iOS and Android. This service primarily addresses the need for efficient scheduling and improved patient engagement in the healthcare sector. HotDoc serves a diverse client base that includes patients seeking medical care and healthcare practitioners looking to manage their appointments effectively. The company's services are available throughout Australia, catering to urban and regional populations alike.HotDoc's revenue structure is primarily derived from partnerships with healthcare practices that utilize its appointment booking and management services. Healthcare providers subscribe to various service plans that enable them to list their practices on the HotDoc platform, thereby increasing their visibility and accessibility to potential patients. The transaction model typically involves a subscription fee paid by practitioners, which may encompass features such as appointment management, patient reminders, and telehealth services. This model allows HotDoc to facilitate direct interactions between healthcare professionals and their patients, enhancing the overall experience for both parties. While specific pricing details for individual service plans are proprietary, the structure supports a steady flow of revenue linked to the number of practices and the volume of appointments handled through its system.In June 2020, HotDoc Online Pty Ltd raised AUD 11.90 million in Series C funding, which will be utilized to support future growth initiatives. The company is focused on expanding its product offerings and enhancing its platform capabilities, with plans for new features aimed at improving patient engagement. Additionally, HotDoc is exploring opportunities to expand into new geographic markets, targeting regions where digital healthcare solutions can address unmet needs. Details about specific product releases or timelines for market expansion have not been publicly disclosed.

## Funding rounds

- Series C, Jun 12, 2020, $8.2M — Ramsay Health Care Limited Group, AirTree Ventures
- Series B, Jun 30, 2018, $3.8M — Right Click Capital, AirTree Ventures, AKLF Pty Ltd
- Series A, Jul 12, 2015, $1.6M — AirTree Ventures, NCN Investments

## Investors

- AirTree Ventures (https://capitalatlas.ai/funds/airtree-ventures) — Series A, Series B, Series C
- NCN Investments — Series A
- Right Click Capital (https://capitalatlas.ai/funds/right-click-capital) — Series B
- AKLF Pty Ltd — Series B
- Ramsay Health Care Limited Group — Series C