The investment amount was not disclosed in the company’s release. It said the round valued BookDoc at a “double-digit million” in US dollars.
Launched in October 2015, BookDoc is an app for people to search and book doctors. But it’s more versatile than that. The app also has a feature called BookDoc Activ, which reportedly integrates with a number of fitness trackers like FitBit and gives its users rewards for meeting their fitness goals.
BookDoc also offers an enterprise solution that lets employers monitor their staff’s health and medical coverage, and manage medical benefits. Lastly, it includes a marketplace for healthcare providers, along with wellness and fitness offerings.
“I would say we are the first in the world to integrate the whole patient journey,” BookDoc co-founder and CEO Dato Chevy Beh tells Tech in Asia. The app wants to address all aspects of a patient’s medical needs, from looking up a doctor to finding travel and accommodation if the treatment takes place in another city or country.
Since launching BookDoc Activ earlier this year, the app’s active user base is in the “low 6 digits,” says Beh. The company’s main source of revenue is its enterprise clients, like Air Asia, Amway, and other corporates like telcos, and logistics providers. They pay a subscription fee for the employee benefits management module.
Link to KFit
BookDoc lists a familiar name among its co-founders – Joel Neoh. He is known as the co-founder and CEO of fitness startup KFit and prior to that founded a company that was bought by Groupon. Neoh confirms he’s a co-founder and shareholder in BookDoc. His current startup KFit is also one of the partners in BookDoc’s fitness rewards program.
The company says it’s now present in Malaysia, Singapore, Hong Kong, and Thailand. It has about 40 staff in total and plans to hire a team in Indonesia after the investment.
BookDoc had begun its regional roll-out after receiving a seed investment from Prince Abdul Qawi of Brunei in 2016. He’s not the only prominent investor. Earlier this year, the company announced that the family of Macau Casino mogul Stanley Ho had participated in its pre-series A round.
The Hamami family owns Trakindo Utama, a heavy equipment dealer in Indonesia, and operates the Carl’s Jr. Burger restaurant franchise in Indonesia, among other businesses.
BookDoc says it hopes the partnership will help it “navigate through the unique business and consumer landscape” of Indonesia. Beh expects synergies to arise based on the family’s business contacts, network, and culture.
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