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Partech invests in PushDoctor, Europe's largest online family doctor marketplace

Partech has joined the $8.5 M round of financing of the British startup PushDoctor. The round is being led by Draper Esprit and Oxford Capital Partners.


Partech is reinforcing its investment strategy in the innovating models and technologies – in this case, online medicine –, catching them at their earliest stage in the whole of Europe and in the US.

After significant investments in Brandwatch and Made.com, which respectively raised €30 M and €55 M in 2015, Partech  confirms its ability to attract disruptive British technology companies, by offering its knowledge and a prime access to the Continent and US markets.

Partech today announced that it has joined PushDoctor’s $8.5 M round of financing. Founded in 2013, the British startup, which specialises in online medicine, has developed a platform allowing British patients to consult GPs online (on the web, tablet or mobile phone) at any time of the day, at an accessible cost. PushDoctor is the largest GP marketplace in Europe, with more than 7000 GPs.

‘The UK is strikingly ahead of the whole of Europe in regards to online medical consultation, and to online prescription, allowing the home delivery of medicines. The track record of the founding team is impressive, especially in regards to B2C and C2C, and the metrics of the platform have been extremely convincing since its launch. We are very happy to invest in this team with our English counterparts’, Romain Lavault, General Partner of Partech Ventures, explained, adding that ‘the Continent is lagging far behind on this matter. However, following our investment in Klara in Germany (online dermatology), we will soon announce a similar investment for the French market, which will have to catch up quickly’.

This co-investment is made with Oxford Capital Partners and Draper Esprit. The latter is especially known for previously investing in Skype, Baidu and Tesla. ‘This co-investment exemplifies our partnership strategy with the best European and American VCs to accelerate even more the international expansion of our companies, wherever they are based, as shown by our ongoing partnerships with the British entrepreneurs who have been trusting us for a few months’, Romain Lavault said.

Indeed, in July 2015, Partech Ventures announced to lead Made.com's €55 M round of financing with Fidelity Growth Partners and Level Equity. Last October, the fund announced to lead Brandwatch's €30 M round of financing with Highland Capital Partners Europe and Nauta Capital.

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