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Indonesian Startup Alodokter gets $33 Million in Series C Round

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Indonesian healthtech startup Alodokter has closed a US$33 million Series C funding round led by Sequis Life which included the participation of Philips, Heritas Capital, Hera Capital, and Dayli Partners, among the investors.

Existing investors such as Softbank Ventures Asia and Golden Gate Ventures also participated in the funding round.

The fresh funding will be used to expand the company’s network with hospitals and to develop an insurance service. In addition to buying policies, customers can use the platform to make payment and claims online

Alodokter’s other key focus is to connect users with doctors and provide health information and advice through an integrated digital ecosystem. Alodokter claimed to have secured 20 million monthly active users and has worked with 20,000 doctors and 1,000 hospitals and clinics. Some of its leading services include doctor’s appointment and chats, healthcare information, and health insurance management. Users can access online consultations with doctors and hospital bookings through the platform.

“Indonesia’s medical system has been going through massive changes and is keener to embrace digital innovation than more mature markets. Indonesia is becoming one of the first digitally native medical systems in the world,” said Nathanael Faibis, chief executive of Alodokter.

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