Webdoctor

Webdoctor

Online medical consultations and prescriptions

About Webdoctor

Simplify's Rating
Why Webdoctor is rated
C+
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Healthcare

Company Size

11-50

Company Stage

Seed

Total Funding

$5.2M

Headquarters

Dublin, Ireland

Founded

2014

Overview

Webdoctor.ie operates in the telemedicine sector, offering online medical consultations and services to individuals seeking medical advice, second opinions, and prescriptions without needing to visit a doctor's office. Clients can ask health-related questions and receive guidance from licensed doctors through video consultations, which saves time and reduces the burden on traditional healthcare facilities. Webdoctor.ie serves a wide range of needs, including general medical advice and specific treatments for conditions like acne, hair loss, and hay fever, as well as providing home test kits for STIs and COVID-19. The company generates revenue through one-time consultation fees, subscription plans for ongoing support, and corporate care packages for businesses. Webdoctor.ie distinguishes itself by focusing on convenience and accessibility, making healthcare services more reachable for both individual and corporate clients.

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Simplify's Take

What believers are saying

  • Recent €7 million investment will fuel international growth and innovation.
  • Increased demand for online mental health services presents expansion opportunities.
  • EU's Digital Health Strategy supports digital healthcare solutions, benefiting Webdoctor.ie.

What critics are saying

  • Increased competition from new telemedicine startups could reduce market share.
  • Potential data privacy concerns may damage reputation and trust.
  • Regulatory changes in Europe may increase operational costs for Webdoctor.ie.

What makes Webdoctor unique

  • Webdoctor.ie offers a broad range of services including home test kits.
  • The platform provides corporate care packages, adding a unique revenue stream.
  • Webdoctor.ie leverages video consultations for convenient and accessible healthcare.

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Funding

Total Funding

$5.2M

Above

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

15%
Newswire
Feb 6th, 2023
Irish Medtech Company Medihive Receives €7 Million Investment

The business is now valued at €62 million following the investment. Medihive includes Ireland's largest online doctor service WebDoctor.ie. The investment will be used to fuel international growth, drive RD innovation and accelerate healthcare software developments. Medihive will recruit up to 42 key hires across sales, engineering, doctors and marketing departments, adding to the 130 people already working with the company. .

The Irish Times
Sep 15th, 2021
DropChef receives financing of $2.34M in funding round

The investment is the fund’s second following a €2 million funding round for Irish meal-kit delivery service DropChef.

PR Newswire
Sep 15th, 2021
VentureWave Capital invests into Webdoctor.ie in $3.54M

WebDoctor, the Irish health technology platform, has received a $3.54 million investment from VentureWave Capital, the venture private equity investor that focuses on entrepreneurial companies with high impact potential.

VentureWave
Sep 1st, 2021
Blueface Holdings Limited invests into Webdoctor.ie in $3.43M

WebDoctor, the Irish health technology platform, has received a €3 million investment from VentureWave Capital, the venture private equity investor that focuses on entrepreneurial companies with high impact potential.

Business Post
Sep 1st, 2020
Webdoctor reports €20 million valuation after new funding round | Business Post

Health tech firm providing video conferencing software to medical sector has supported HSE to expand telemedicine services

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