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Online doctor appointment startup ZocDoc on Thursday announced that is has raised an additional $25 million in third-round funding from Wall Street titan Goldman Sachs.
ZocDoc is shaking up the businesses of scheduling doctor appointments, as well as making doctors more accountable by having patients publicly rate them. The company makes its money by charging doctors $250 a month to list their practice. It lets patients find a doctor easily, set up appointments and rate their experience. Well-rated doctors then attract more patients and attention from ZocDoc’s more than 700,000 monthly users.
The $25 million from Goldman adds to DST Global’s $50 million investment from early August to create a monster $75 million third round. The company said the most recent funding will help “speed its expansion into additional regions.”
ZocDoc’s service is now available in 11 metropolitan areas in the U.S., with six of those areas launched in 2011. The service is live in Atlanta, Baltimore, Boston, Chicago, Dallas, Houston, Los Angeles, New York, Philadelphia, Phoenix, San Francisco and Washington D.C.
Before the third round of funding, ZocDoc had raised around $19 million, with investments coming from the likes of Khosla Ventures and Founders Fund. All together, the hot startup has attracted about $95 million in funding.
Have you used ZocDoc to book an appointment or rate your doctor?
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