MediBookr Closes Bridge Funding Round for Online Healthcare Service Booking Platform

MediBookr, an online healthcare platform that allows users to search, compare, and book healthcare providers, announced that it had closed a bridge round from an institutional investor in North Texas for an undisclosed amount.

According to the company, the latest financing will support its digital health booking platform’s growth and expansion.

“Healthcare is challenged with traditionally a fairly poor patient experience which has a lot of downstream impact to the bottom line of almost all constituents involved. Underlying drivers are a general lack of transparency, too many gaps, and fragmented solutions,” said MediBookr Founder/CEO Sunny Nadolsky, “We are very excited to have partners that support our mission to improve outcomes and lower costs through solutions which result in better engagement and appropriate access.”

According to MediBookr, its solution and services deliver flexible and adaptive patient engagement technology to employers, providers, and health plans along with consulting, hosting, and advocacy services that combine to lower the total cost of care and improve health outcomes.

Founded in 2015, MediBookr raised $3.3 million to date. The company previously (in January 2018) raised $675,000 in seed funding from angel investors. It employs more than ten people with an office in Dallas, Texas.

MediBookr projects $45 million in revenue in year five, according to its recent Venture Dallas pitch.

Online Healthcare Service Booking companies raised $572 million in the first nine months (9M) of 2020, a 17% increase compared to $487 in 9M 2019, according to the latest Mercom Digital Health funding report.

Recently, Chronometriq, an online healthcare appointment booking platform, secured $5 million in growth capital financing from CIBC Innovation Banking. eDoctor, an online healthcare service booking platform, raised an undisclosed funding round from CyberAgent Capital and Genesia Ventures, Bon Angels, and Nextrans.

Image Credit: MediBookr