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The Russian Startup BestDoctor Attracted the Investment of $ 3 Million
30.05.2019 23:43
The Russian Startup BestDoctor Attracted the Investment of $ 3 Million

The Russian Startup BestDoctor, which deals with technologies in corporate health insurance, attracted the second round of investment of $ 3 million, Forbes reports. The lead investor was the Target Global fund;  the Ascent fund, AddVenture and a group of business angels also took part in the round.

      BestDoctor develops a corporate health care product that allows employers pay ing only for services actually rendered to employees. Using the smart algorithm, BestDoctor predicts the medical budget of its customers; the company also provides paperwork for employee services. The accuracy of the calculations is 97%. Funds for medical insurance services are written off monthly, the remaining money is either returned to the client’s account, or transferred to the next service period.

      The BestDoctor platform is able to calculate the optimal ratio and organize the withdrawal of funds. The startup itself earns on a fixed commission: on average, the earnings for each attached client are 4.5 thousand rubles.

      The company plans to allocate the funds received for the development of a technological platform, in particular, to strengthen telemedicine and concierge directions. BestDoctor also plans to enter international markets  in 2020.

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Author: Anna Dorozhkina

Tags: Russian business Russian startups Russian companies   

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