ZocDoc Adds $25M to Series C Funding

In August, New York-based ZocDoc raised $50 million in a Series C funding round from Russion billionaire Yuri Milner’s DST Global. Now the company—which allows patients in several states to book their doctors’ appointments online—can add another big name to its slate of investors. ZocDoc announced today that it has extended the Series C, raising $25 million from Goldman Sachs. “We are now more confident than ever that we can scale ZocDoc rapidly without compromising any of the value and service that ZocDoc is known for,” blogged Cyrus Massoumi, ZocDoc’s co-founder and CEO, today.

ZocDoc started up in 2007 as a service in New York as an online services that allowed patients to search for doctors by name, specialty, location, or insurance provider, and then schedule appointments with a few clicks. The services is free for patients; physicians pay $250 a month to participate. ZocDoc is now in 12 cities, including Atlanta, Boston, and Los Angeles. The company has raised $95 million all together, and its previous investors include Khosla Ventures, the Founders Fund, SV Angel, Amazon’s Jeff Bezos, and Salesforce.com’s Marc Benioff.  Massoumi told Xconomy in August that the company plans to use the new money to expand nationwide.

Author: Arlene Weintraub

Arlene is an award-winning journalist specializing in life sciences and technology. She was previously a senior health writer based out of the New York City headquarters of BusinessWeek, where she wrote hundreds of articles that explored both the science and business of health. Her freelance pieces have been published in USA Today, US News & World Report, Technology Review, and other media outlets. Arlene has won awards from the New York Press Club, the Association of Health Care Journalists, the Foundation for Biomedical Research, and the American Society of Business Publication Editors. Her book about the anti-aging industry, Selling the Fountain of Youth, was published by Basic Books in September 2010.