About The GP Service
The GP Service is a company based in Leicester (United Kingdom) founded in 2014 was acquired by Kanabo in February 2022.. The GP Service has raised $4.51 million across 3 funding rounds from investors including Maven Capital Partners, Kanabo and Midlands Engine Investment Fund. The GP Service offers products and services including Video GP Consultation, Buy Treatments Online, and Prescription Dispensing. The GP Service operates in a competitive market with competitors including NHS Choices, Patient Access, Health Compare, Doctory Care and NowPatient, among others.
- Headquarter Leicester, United Kingdom
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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 The Gp Service (Uk) Ltd
- Date of Incorporation 18 Dec, 2014
- Jurisdiction COVENTRY, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.51 M (USD)
in 3 rounds
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Latest Funding Round
$885.27 K (USD), Series A
Mar 23, 2020
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Investors
Maven Capital Partners
& 2 more
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Employee Count
Employee Count
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Acquired by
Kanabo
(Feb 22, 2022)
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Products & Services of The GP Service
The GP Service offers a comprehensive portfolio of products and services, including Video GP Consultation, Buy Treatments Online, and Prescription Dispensing. 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.
Online video chat for consulting GMC registered doctors on health issues
Platform for selecting and purchasing prescribed medications with fast delivery
Nationwide dispensing of medications from partnered pharmacies
Funding Insights of The GP Service
The GP Service has successfully raised a total of $4.51M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $885.27 thousand completed in March 2020. 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 — $885,269
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First Round
First Round
(05 May 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Series A - The GP Service | Valuation |
investors |
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| Dec, 2018 | Amount | Debt – Conventional - The GP Service | Valuation |
investors |
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| May, 2016 | Amount | Series A - The GP Service | Valuation |
investors |
| 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 The GP Service
The GP Service has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Maven Capital Partners, Kanabo and Midlands Engine Investment Fund. 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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Investment funding is provided to support Midlands SMEs growth.
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Founded Year | Domain | Location | |
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Multiple sectors are targeted for private equity investments.
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Founded Year | Domain | Location | |
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Cannabis-based medical and consumer products are developed by Kanabo.
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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 The GP Service
| 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 - The GP Service
| 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 |
The Gp Service Comparisons
Competitors of The GP Service
The GP Service 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 NHS Choices, Patient Access, Health Compare, Doctory Care and NowPatient, 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 |
Provider of multiple healthcare services for patients
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| domain | founded_year | HQ Location |
Online platform for booking GP appointments, ordering prescriptions, and messaging practices securely.
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| domain | founded_year | HQ Location |
Health and wellness services are compared and accessed online.
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| domain | founded_year | HQ Location |
Offers an online platform for a range of healthcare services.
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| domain | founded_year | HQ Location |
Provides online prescriptions, virtual care, and drug savings programs for users.
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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 The Gp Service
Frequently Asked Questions about The GP Service
When was The GP Service founded?
The GP Service was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is The GP Service located?
The GP Service is headquartered in Leicester, United Kingdom. It is registered at Leicester, England, United Kingdom.
Is The GP Service a funded company?
The GP Service is a funded company, having raised a total of $4.51M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.63M, raised on May 05, 2016.
What does The GP Service do?
The GP Service was founded in 2014 in Leicester, United Kingdom, as an online platform in the healthcare sector. Consultations with doctors are provided remotely, allowing users to request prescriptions, refills, and other medical advice. Home delivery of medications from selected pharmacies is also facilitated. Operations focus on digital access to primary care and pharmaceutical services within the UK market.
Who are the top competitors of The GP Service?
The GP Service's top competitors include NHS Choices, Healthpath and Health Compare.
What products or services does The GP Service offer?
The GP Service offers Video GP Consultation, Buy Treatments Online, and Prescription Dispensing.
Who are The GP Service's investors?
The GP Service has 3 investors. Key investors include Maven Capital Partners, Kanabo, and Midlands Engine Investment Fund.