Funding round
Doctolib Series B
Doctolib, which works in healthcare software suite development in Levallois-Perret, raised $20M in a Series B round announced on 14 Oct 2015, led by Accel. 1 firm took part. It is Doctolib's first venture round on record.
$20M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Doctolib did not disclose a valuation in this round. It is 2.7% of the $740M Doctolib has raised in the venture rounds on record. Doctolib raised again 41 months later: a Growth round of $170M in Mar 2019, at $1.13B post-money.
Investors
Who put money in
Accel led the round.
Lead investor
- Accel backs 581 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion, sales and marketing and scaling operations.
- Geographic expansion
- Sales and marketing
- Scaling operations
Comparable rounds
How it compares
226 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $15M, and this round was 1.3 times the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 6 Oct 2015 | $85M | not disclosed | JMI Equity and New Enterprise Associates |
| Tech Companies | 9 Oct 2015 | $27M | not disclosed | Thrive Capital |
| Tech Companies | 1 Oct 2015 | $27M | not disclosed | Balderton Capital |
| Tech Companies | 1 Oct 2015 | $15M | not disclosed | Kleiner Perkins |
| Tech Companies | 13 Oct 2015 | $12M | not disclosed | Route 66 Ventures |
| Tech Companies | 28 Oct 2015 | $10M | not disclosed | Idinvest Partners |
| Tech Companies | 21 Oct 2015 | $10M | not disclosed | Qualcomm Ventures |
| Tech Companies | 13 Oct 2015 | $3.5M | not disclosed | Nauta and Elaia |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Doctolib raise in its Series B round?
Doctolib raised $20M in its Series B round, announced in Oct 2015.
Who led Doctolib's Series B round?
Accel led it.
What was Doctolib's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
226 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $15M, and this round was 1.3 times the median.
Did Doctolib raise again after this round?
Yes: a Growth round in Mar 2019 of $170M at $1.13B post-money.