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Russian startup BestDoctor attracted $26 million in foreign investment

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Russian startup BestDoctor attracted $26 million in foreign investment

Russian startup BestDoctor received $26 million from international fund Winter Capital Partners, Swedish fund VNV Global and Austrian insurance company Uniqa (Raiffeisen Bank International Group), Forbes reports.

According to the founders of the project, the investment will be used to create a health management platform that will integrate all BestDoctor products, allow for better treatment and preventively reduce the risks of disease. The total amount invested in BestDoctor, including the latest round, reached $34.1 million.

"BestDoctor entered the market with a technology-based VHI product, innovative for the insurance industry. But now we are heading towards a new goal - and building a platform with the best healthcare services that can be trusted with any health related issues. A new type of medicine, centered on the patient and his needs, is a necessity not only for the Russian market, but for the global market as well. That is why in the next two years we are going to enter the European digital health market, which is growing by 28% annually, where we can already see the demand for such a product," CEO and co-founder of the project Mark Sanevich told the publication.

The platform will be based on BestDoctor's Virtual Clinic, an online medical consultation service providing assistance and support for doctors in one click and shortening the path to treatment for patients. It will also include solutions in the area of preventive medicine, analysis of patient data and recommendations based on the information received, individual selection of medical specialists, navigation through the healthcare system, and services for maintaining a healthy lifestyle. By the end of the year, the company plans to enter the B2C market, expand the line of VMI products for the B2B market and scale the Virtual Clinic service.

By the end of 2022, the founders plan to reach 7 billion rubles in revenues.

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    Author: Karina Kamalova

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