Air Doctor raises $7.8 million to connect travellers with local doctors
The technology platform raised the funds in a Series A funding round from Kamet Ventures – an AXA-backed venture builder – and The Phoenix Insurance Company
The new investment will be used to strengthen Air Doctor’s medical network and R&D capabilities and for international expansion across the insurance, telecom and credit card industries.
Jenny Cohen Derfler, CEO and Founder of Air Doctor, said: “Air Doctor is very privileged to have gained the trust and support of two leading European-based corporates. These alliances mean so much to us, acknowledging the market need for our digital solution for both the travel and health industries. We live in an age where the customer wants to have the power to choose, order and receive any service from a tap on a screen.
“We are excited about this next chapter of growth for Air Doctor as we expand to even more geographies and continue to utilise technology to help people travel more comfortably and safely around the globe. We have the right product and the perfect team to make it happen.”
Dudi Oz, Head of Travel Insurance at The Phoenix Insurance Company, commented: “As their first corporate client, we saw first-hand the impact that Air Doctor’s unique offering had on our business and on our customer satisfaction. We are proud to be backing Air Doctor in this next stage of their growth as they seek to transform the travel insurance market globally.”
Stephane Guinet, CEO of Kamet Ventures, said: “Over the past few years, we have seen consumer personalisation become ubiquitous across many industries. We are proud to continue to be part of Air Doctor’s tremendous growth story as it revolutionises traveller health insurance by delivering highly personalised care while significantly reducing costs for insurance providers.”