# Medical Departures

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/medical-departures

- Industry: Internet
- Headquarters: Singapore, Singapore
- Website: www.medicaldepartures.com
- Total disclosed funding: $2.5M
- Latest round: Series A (Mar 22, 2016)
- Investors on record: 4

## About

Medical Departures is a healthcare technology company facilitating medical tourism by connecting patients with clinics and healthcare providers worldwide, thereby enhancing accessibility to various medical services.Medical Departures was founded in 2014 and is headquartered in Singapore. The company operates primarily in the medical tourism sector, offering a platform that connects patients with healthcare providers for various medical services. Founded by Paul Mctaggart, who has a background in the healthcare industry, the company raised USD 2.5 million in Series A funding on March 22, 2016, led by Cento Ventures with participation from multiple investors. The total amount raised by the company is USD 2.5 million, primarily from this funding round.Medical Departures specializes in providing a platform for medical tourism, enabling patients to find and book healthcare services abroad. Their offerings include a comprehensive database of clinics and healthcare providers, along with reviews and cost comparisons, catering to individuals seeking affordable medical procedures. The company's services are designed to assist patients in navigating the complexities of seeking treatment outside their home countries, ensuring access to quality care while addressing logistical concerns associated with international healthcare.In 2023, Medical Departures reported a revenue of USD 0 and an EBITDA of USD -2,264.Medical Departures plans to enhance its platform by launching new features aimed at improving user experience and expanding service offerings through new partnerships. The company is also targeting growth in North America and Europe, with plans to increase its presence in these regions by the end of 2024. Recent funding from the Series A round will be utilized to develop these new features and support market expansion efforts.

## Funding rounds

- Series A, Mar 22, 2016, $2.5M — Hubert Burda Media, CyberAgent Capital, Cento Ventures, Bonds Investment Group

## Investors

- Hubert Burda Media — Series A
- CyberAgent Capital (https://capitalatlas.ai/funds/cyberagent-capital) — Series A
- Cento Ventures (https://capitalatlas.ai/funds/cento-ventures) — Series A
- Bonds Investment Group (https://capitalatlas.ai/funds/bonds-investment-group) — Series A