Air Doctor Raises $20M in Series B Funding to Revolutionize Medical Care for International Travelers
Air Doctor, a groundbreaking startup, has secured $20 million in Series B funding to transform the way travelers access medical care overseas. With its innovative platform, Air Doctor connects travelers with vetted doctors in various countries, offering a seamless experience for those in need of medical assistance while abroad.
The platform acts as a directory of trusted healthcare providers, allowing users to browse profiles of doctors, services offered, and languages spoken. Air Doctor handles the entire process, from matching insurance policies to managing payments, resulting in significant savings for both patients and insurance providers. In fact, the company claims to save 50% on outpatient claims and reduce processing time by 75%.
With over 80,000 customers and partnerships with major health insurance providers, Air Doctor is poised for exponential growth. As international travel continues to rise, the demand for accessible healthcare services is greater than ever. CEO Jenny Cohen Derfler notes that the company's revenues are growing at an impressive rate of 2.5x annually, highlighting the vast potential for expansion.
The recent Series B funding round was led by aMoon, a prominent Israeli VC specializing in health and life sciences. Other investors include insurance giant Tokio Marine Holdings and Samsung Ventures, among others. These investors recognize the immense opportunity in Air Doctor's innovative approach to global healthcare.
By leveraging advanced algorithms and app-based solutions, Air Doctor is revolutionizing medical care for travelers worldwide. The company's founders, Jenny and Yam Derfler, have a personal connection to the problem they are solving, having experienced the challenges of navigating foreign healthcare systems firsthand.
As Air Doctor continues to grow and innovate, it is poised to become a leader in the digital health space, providing essential services to travelers around the world. With its user-friendly platform and commitment to quality care, Air Doctor is redefining the way international travelers access medical services, making it easier and more affordable for everyone.