About Okadoc
Okadoc is a company based in Dubai (United Arab Emirates) founded in 2017 by Fodhil Benturquia.. Okadoc has raised $22.3 million across 3 funding rounds from investors including Bupa Arabia, iGan Partners and Alesayi Group. Okadoc offers products and services including Okadoc Platform. Okadoc operates in a competitive market with competitors including Meddy, DoctorUna, Healthigo, Duski and Dubai Health Booking, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Fodhil Benturquia
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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- Legal Name Okadoc Technologies Fz-Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.3 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series A
Nov 08, 2022
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Investors
Bupa Arabia
& 6 more
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Employee Count
Employee Count
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Products & Services of Okadoc
Okadoc offers a comprehensive portfolio of products and services, including Okadoc Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for online booking of doctor appointments and consultations.
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Funding Insights of Okadoc
Okadoc has successfully raised a total of $22.3M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in November 2022. 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 Total Funding
- Total Rounds 3
- Last Round Series A — $10.0M
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First Round
First Round
(01 Jun 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series A - Okadoc | Valuation | iGan Partners , Alesayi | |
| Jan, 2020 | Amount | Series A - Okadoc | Valuation | Abu Dhabi Government , Ithmar Capital |
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| Jun, 2018 | Amount | Seed - Okadoc | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Okadoc
Okadoc has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Bupa Arabia, iGan Partners and Alesayi Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Healthcare-focused venture capital is provided by iGan Partners.
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Founded Year | Domain | Location | |
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Bunat Ventures is engaged in venture building and impact investing.
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Founded Year | Domain | Location | |
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ADQ is recognized as a leading sovereign investor focused on sustainable economic transformation in Abu Dhabi.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Okadoc
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Okadoc
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Okadoc Comparisons
Competitors of Okadoc
Okadoc operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Meddy, DoctorUna, Healthigo, Duski and Dubai Health Booking, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An online platform for booking doctor's appointments is provided.
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| domain | founded_year | HQ Location |
Offers an online platform for booking doctor appointments.
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| domain | founded_year | HQ Location |
Healthigo provides an efficient platform for appointment booking and patient engagement in healthcare.
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| domain | founded_year | HQ Location |
Facilitates online booking of doctor appointments for convenient healthcare access.
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| domain | founded_year | HQ Location |
Provides a platform for booking appointments with doctors, hospitals, and clinics.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Okadoc
Frequently Asked Questions about Okadoc
When was Okadoc founded?
Okadoc was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Okadoc located?
Okadoc is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of Okadoc?
Fodhil Benturquia is the current CEO of Okadoc. They have also founded this company.
Is Okadoc a funded company?
Okadoc is a funded company, having raised a total of $22.3M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.3M, raised on Jun 01, 2018.
What does Okadoc do?
Okadoc was established in 2017 in Dubai, United Arab Emirates, within the healthcare sector. An online platform is operated to facilitate appointment bookings with doctors at clinics. Video consultations are provided, alongside search options for doctors by specialty, language, and other criteria. Patients access these services digitally to manage healthcare needs in the region.
Who are the top competitors of Okadoc?
What products or services does Okadoc offer?
Okadoc offers Okadoc Platform.
Who are Okadoc's investors?
Okadoc has 7 investors. Key investors include Bupa Arabia, iGan Partners, Alesayi Group, Bunat Ventures, and ADQ.
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