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10-07-2017 - - 0 comments
Angel Deal of the Month - Push Doctor raises $26.1m from investors

Angels via Oxford Capital Partners, have been joined by serious venture capital in the latest funding round for Push Doctor (https://www.pushdoctor.co.uk).

I first saw Push Doctor present at an Oxford Capital Co-Investor Circle event a couple of years ago and the combination of a compelling founding team and an excellent business idea made it stick in my brain.  I am delighted to see that the company is now onto its next phase of growth.  

Push Doctor's investor syndicate now also includes Accelerated Digital Ventures (ADV) Draper Esprit, Partech Ventures and Seventure Partners and the deal marks the largest Series B funding achieved in Tech North to date.

Push Doctor is the first truly digital health consumer brand in the UK, connecting patients to asmart network of thousands of UK qualified GPs, giving them access to a d­­octor in as little assix minutes on any device.  The city of Manchester has truly established itself as a hub for Northern power and the region became the very first in the country to take control of its combined health and social care budgets last year, putting power back into the hands of local-decision makers and right back into the heart of the Manchester community. Push Doctor’s funding announcement shows that the city is at the core of the UK’s advancements in digital healthcare and technology.

The brand's founder and CEO, Eren Ozagir believes the firm will provide everyone with the opportunity to live longer, happier lives and is already treating more cases digitally than anyone in Europe. Growth has been a consistent 35% month-on-month for the last 16 months. 

As a result the company has a dataset that provides a unique view of the medical issues facing a nation and using its digital health platform that aims to treat the whole person ranging from medical conditions to fitness and nutritional coaching. 

This round of investment will also enable Push Doctor to bring new products to market, the first of which will hit later this year, further expanding the company’s value-proposition for patients as it couples its market changing instant access doctors with complementary products and services. Team numbers at the start-up, based in the heart of Manchester, have continued to rise as the brand’s growth rate rockets. The funding will be used to boost customer numbers both in the UK and in due course across the world. 

Dr. Vishal Gulati, digital health investor at Draper Esprit, made an interesting comment. “People's expectations around how, when and where they access healthcare have evolved. Push Doctor is the leading health provider which is addressing growing, unmet patient needs. By putting the patient experience first, the company is changing our relationship with healthcare, lowering the hurdle of access for both immediate needs and chronic, long term conditions."

We wish them well and look forward to hearing more about this business especially as it starts to expand overseas. 

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