Global medical tourism startup MEDIGO exceeds USD$10M in funding
Announcement posted by Medigo.com 21 Jan 2016
Sydney, Australia, January 19, 2016: MEDIGO (www.medigo.com) announced today that it has secured an additional EUR€3.35 million (USD$3.5) million in capital after closing an extension round with CL Ventures. After this latest finance round, the leading medical tourism facilitator reports total funding at USD$10 million to date.
MEDIGO opened its Australian office late last year, one of the first expansion offices in the Asian region.
The capital from this extension round gives the company additional resources to strategically expand its clinic and hospital network as well as patient services.
“CL Global Healthcare is a strong partnership for us as we enter this market,” says Ugur Samut, CEO of MEDIGO. “This funding underpins our expansion into China making MEDIGO’s services available to Chinese patients opting for care overseas and in parallel, working with China’s own top healthcare centers.”
CL Ventures is a prominent venture capital firm in China, with an investment portfolio that includes popular mobile app DoctorTree (医生树). With extensive experience in the healthcare, real estate, and financial industry, the firm looks to further MEDIGO’s vision for connected, global healthcare.
“We are committed to supporting MEDIGO as it enters the Chinese market,” said CL Ventures CEO, Hong Zhou.
“As demonstrated by its remarkable growth and global expansion since their 2014 launch, it’s clear MEDIGO is a leading medical tourism facilitator and key player in disrupting the broader healthcare industry.”
Since its launch in March 2014, MEDIGO has connected more than 16,000 patients with a clinic or hospital abroad. It currently offers patients access to over 500 hospitals and clinics in 23 countries worldwide. In addition to its growing Berlin, Germany headquarters, the company established subsidiaries in Singapore and Australia, which will be fully staffed in the coming months.
About MEDIGO
MEDIGO (www.medigo.com) improves access to healthcare for people everywhere. It is an easy to use online platform and service that makes it simple to find and schedule affordable, high-quality medical care worldwide. With a network of 500 trusted hospitals and clinics in 23 countries and a dedicated 24/7 patient Care Team, our vision is to deliver better healthcare choices worldwide.