Vietnamese health-tech startup eDoctor has raised a new round of funding from Japan’s CyberAgent Capital and Genesia Ventures, and South Korea’s early-stage venture capital firms Bon Angels and Nextrans.
Financial details of the investment were not disclosed but the startup said it has now raised more than $1 million to date.
eDoctor had previously bagged $500,000 in funding on the Shark Tank TV show from CyberAgent Capital, which was represented on the show by its country head Dzung Nguyen.
“We will use the investment to further enhance our remote healthcare consultancy and the capacity in connecting offline services to the users,” said Huynh Phuoc Tho, co-founder of eDoctor.
The eDoctor platform allows users to send requests to doctors, and book health checkups and test services that can be conducted at their homes.
The startup claims to have connected users with more than 500 nurses and over 400 doctors as well as 80 hospitals and clinics across the country. It boasts nearly 100,000 transactions by individual and corporate users.
eDoctor has also built a website enabling users to access real-time data about COVID-19.
“Telemedicine, home healthcare and preventive healthcare are the service modules that eDoctor will complete in the near future,” the company said in a statement.
“Online healthcare service has become an attractive market in other countries but has only scratched the surface in Vietnam,” said Dzung Nguyen, the Vietnam head for CyberAgent Capital.
He said online healthcare services in Vietnam will grow fast, much like e-commerce years ago. “E-commerce was also new in the 2011-13 period. A number of businesses chose to enter the market then and have now become major players.”