SG's Doctor Anywhere raises $27m led by Square Peg Capital, EDBI, IHH Healthcare

SG's Doctor Anywhere raises $27m led by Square Peg Capital, EDBI, IHH Healthcare

Lim Wai Mun, founder and CEO of Doctor Anywhere.

Doctor Anywhere, a Singapore-based online healthcare platform, has raised $27 million in a Series B funding round led by Square Peg Capital, EDBI and IHH Healthcare, Asia’s largest hospital operator. The round was also joined by Temasek subsidiary, Pavilion Capital and existing investor, Kamet Capital. The company last raised a $4.1 million in a Series A round in July 2018.

The close of Doctor Anywhere’s fundraise comes amidst spiking interest in online healthcare as researchers, doctors and entrepreneurs from around the world scramble to produce a vaccine for the deadly COVID-19 virus. Widespread coverage on the coronavirus has also triggered a sharp increase in demand for telehealth services.

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