Best Doctors

Boston, United States Founded: 1989 • Age: 37 yrs Acquired By Teladoc
Platform connects individuals with medical specialists to provide expert medical opinions

About Best Doctors

Best Doctors is a Technology company based in Boston (United States) founded in 1989, and was acquired by Teladoc in June 2017. It operates in the Technology and Healthcare sectors. Best Doctors has raised $65.52 million across 3 funding rounds from investors including Nippon Life Insurance, BCBSAssociation and CareFirst. The company has 5,500 employees. Best Doctors has completed 1 acquisition, including Rise Health. Its chief executive, as recorded, is David Seligman. Best Doctors offers products and services including Expert Medical Opinion and Best Doctors App. Its focus areas include HealthTech, Employee Health IT, Tech Enabled Services and Teleconsultation. Its legal entity is Teladoc Health, Inc. Its competitors include One Medical, MD Live and HealthJoy; 3 of its 3 listed competitors have raised funding.

Company details

Platform connects individuals with medical specialists to provide expert medical opinions. It provides second opinion solutions for employees to find right diagnosis and treatment. It offer access to medical experts and treating physicians to have a second opinion for diagnosis. It gives people immediate access to doctors and it also has a review system that helps to find out the doctors for the requirements. It also collect case records from the patients, images, and test samples.

  • Headquarters Boston, United States
  • Employees 5,500
  • Stage Acquired
  • Sectors
    Technology
    Healthcare
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website bestdoctors.com
  • Social LinkedIn X Facebook Instagram
  • Acquired by Teladoc (Jun 2017)
  • Legal Name Teladoc Health, Inc.
Key Metrics
  • Total Equity Funding
    $65.52M (USD)

    in 3 rounds

  • Latest Funding Round
    $45.52M (USD), Private Equity Round

    Aug 2012

  • Investors
  • Employee Count
    5,500
  • Investments & Acquisitions
  • Acquired by
    Teladoc

    (Jun 2017)

Products & Services of Best Doctors

Best Doctors offers a comprehensive portfolio of products and services, including Expert Medical Opinion and Best Doctors App.

Expert Medical Opinion
Telemedicine Service

Provides second opinions on diagnoses and treatments from specialists.

Best Doctors App
Mobile Application

Platform for submitting medical cases and accessing expert advice online.

Apps and channels of Best Doctors

Best Doctors publishes 1 mobile app.

Best Doctors Member App
App Store Medical 4+
Developer: Teladoc
View on App Store

Funding Insights of Best Doctors

Best Doctors has successfully raised a total of $65.52M across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round of $45.52 million completed in August 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $65.52M
  • Total Rounds 3
  • Last Round Private Equity Round — $45.52M
  • Investors Count 4

All 3 funding rounds of Best Doctors with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2012$45.52MPrivate Equity Round––
Apr 2011$20MPrivate Equity Round–Nippon Life Insurance
–
Jun 2010Private Equity Round––
Valuation history

5 investors in total: 5 institutional.

Investors in Best Doctors

Best Doctors has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Nippon Life Insurance, BCBSAssociation and CareFirst.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity investments are managed from a USA base.
bbh.comBeijing, China
Life insurance company
1889nissay.co.jpOsaka, Japan
Health insurance is provided via a mutual carrier model.
1929bcbs.comChicago, United States
Provider of healthcare insurance services
1934individual.carefirst.comBaltimore, United States
Teladoc Health is recognized as a leading telehealth provider offering virtual care services.
teladoc.comNew York, United States
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Investor details for Best Doctors

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
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People of Best Doctors

1 people are tracked at Best Doctors (1 in leadership); the tracked headcount is 5,500.

NameRoleGroup
David Seligman
CEOLeadership
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Complete people profiles for Best Doctors

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
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  • Professional contacts

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Best Doctors

Best Doctors has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Rise Health.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Population health management is facilitated via a clinical data platform.
risehealth.comOak Brook, United States2009Sep 2014••••
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Complete acquisition details for Best Doctors

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Best Doctors

5 dated milestones of Best Doctors across 28 years, from founding to its latest funding, stage changes and deals.

  1. Founded Best Doctors is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Private Equity Round, of $45.5M.
  4. Acquisition Acquires Rise Health.
  5. Exit Acquired by Teladoc.

Competitors of Best Doctors

Best Doctors has 3 listed competitors in our database, 3 of them funded. They include One Medical, MD Live and HealthJoy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
onemedical.com2007San Francisco, United States$402.56M3,090
Membership-based primary care platform is offered for employees and consumers.
mdlive.com2009Sunrise, United States$173.6M258
Cloud-based telemedicine consultations are offered 24/7 to patients nationwide.
healthjoy.com2014Chicago, United States$113.3M141
Telemedicine consultations are facilitated via web and mobile platforms.
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Detailed competitors of Best Doctors

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Best Doctors

The website of Best Doctors (bestdoctors.com) receives about 2.9K visits a month.

  • Monthly visits
    2.9K

    ▼ 20.2% vs previous month

Similar websites

Websites whose visitors overlap most with Best Doctors. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
drkoop.com
drkoop.com
100%
–
healthfinder.gov
98%
#4,131,383View details
healthgrades.com
92%
8.4M#10,583View details
wedi.org
wedi.org
87%
#2,896,091–
apon.org
apon.org
85%
–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 40 similar websites and full traffic analytics for Best Doctors

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in HR & Workforce Technology

3 companies that operate in the same segment as Best Doctors (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M1,695
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
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Related news about Best Doctors

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Complete news archive for Best Doctors

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Frequently Asked Questions about Best Doctors

Best Doctors was founded in 1989 and raised its 1st funding round 21 years after it was founded.

Best Doctors is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

David Seligman is the CEO of Best Doctors, as recorded in our data.

Best Doctors is a funded company, having raised a total of $65.52M across 3 funding rounds to date.

Best Doctors has 5,500 employees.

Platform connects individuals with medical specialists to provide expert medical opinions. It provides second opinion solutions for employees to find right diagnosis and treatment. It offer access to medical experts and treating physicians to have a second opinion for diagnosis. It gives people immediate access to doctors and it also has a review system that helps to find out the doctors for the requirements. It also collect case records from the patients, images, and test samples.

Best Doctors's top competitors include One Medical, MD Live and HealthJoy.

Best Doctors offers Expert Medical Opinion and Best Doctors App.

Best Doctors has made 1 acquisition, including Rise Health.

Best Doctors has 5 investors. Key investors include Nippon Life Insurance, BCBSAssociation, CareFirst, Brown Brothers Harriman, and Teladoc Health.

Best Doctors operates through Teladoc Health, Inc..

Yes. Best Doctors was acquired by Teladoc in June 2017.

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