Alodokter Raises Funding for Doctor's Appointment Booking Platform

Alodokter, an Indonesia-based online doctor’s appointment booking platform, has raised additional funding from MDI Ventures, a subsidiary of Telkom group, and Samsung Ventures Investment Corporation (Samsung Ventures).

The company plans to use the latest funding to expand and digitize its healthcare ecosystem and develop new products for its platform.

Alodokter provides an end-to-end digital solution to patients, including telemedicine, doctor booking, medical content, e-pharmacy, and health insurance services. According to the company, it has more than 30 million monthly active users and more than 43,000 certified doctors on the platform in Indonesia.

Donald Wihardja, CEO of MDI Ventures, said, “The funding from MDI will further extend the growth of health services through the potential collaboration with several BUMN entities in Indonesia.”

“Alodokter has a proven track record of growing their comprehensive healthcare solution. All the innovations, from telemedicine to insurance, have been developed to cater to Indonesia’s needs for accessible and affordable healthcare services,” added Donald Wihardja.

CEO & Founder Alodokter, Nathanael Faibis, explained, “The investment from MDI Ventures and Samsung Ventures will be directed to further improve Alodokter’s ecosystem. We thank our existing investor MDI Ventures, for their trust and welcome Samsung Ventures to take part in our journey.”

Nathanael Faibis added, “Key focus areas going forward include technology innovation, increasing the talent pool, and adding new features and functionalities. The expansion we carried out is always focused on providing fast, accurate, and reliable consumer experience on the Alodokter platform. By integrating our ecosystem with additional state-owned enterprises, we expect to provide tech-enabled healthcare access to more Indonesian patients.”

Digital health companies raised $7.2 billion in Q1 2021, according to Mercom’s Q1 2021 Digital Health Funding and M&A Report. Zocdoc, an online doctor appointment booking platform, raised $150 million in growth financing led by Francisco Partners. The company will use the capital to further drive growth, invest in sales and marketing, and expand the products available through its platform.