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- Zocdoc
Zocdoc Revenue, Valuation, Funding & Investors
Zocdoc is valued at $1.8B as of August 2015, a 25.4x multiple on its last reported $71M revenue.
Last Zocdoc valuation
$1.8B
Series D · Aug 2015
Last Zocdoc funding round
$150M
Undisclosed stage · Feb 2021
Zocdoc revenue
$71M
Series D · Aug 2015
Key investors in Zocdoc
Founders Fund
Atomico
Baillie Gifford
Hedosophia
Francisco Partners
Blue Collective
About Zocdoc
Zocdoc is a New York-headquartered technology marketplace that connects patients with healthcare providers for seamless appointment booking. Founded in 2007, the platform streamlines the patient experience through an online directory of verified doctors across specialties.
Founded
2007
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$71M (Aug 2015)
Valuation
$1.8B (Aug 2015)
Zocdoc Valuation
Zocdoc is currently valued at $1.8B, based on its Series D in August 2015.
The $130M round was led by Atomico and Baillie Gifford, with participation from Blue Collective, Founders Fund and Hedosophia.
Zocdoc valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Aug 2015 | Series D | $1.8B | 25.4x |
Zocdoc Revenue
Zocdoc's latest recorded revenue is $71M, as of its Series D in August 2015. At a $1.8B valuation, that implies a 25.4x revenue multiple.
Zocdoc revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Aug 2015 | $71M | $1.8B | 25.4x | Series D |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Zocdoc Funding History
Zocdoc has raised a total of $280M across 2 funding rounds.
Zocdoc's first fundraising round was a $130M Series D in August 2015. The most recent completed round was a $150M undisclosed-stage round in February 2021.
Zocdoc funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2021 | Undisclosed stage | Francisco Partners (lead); Disruptive Ventures | $150M | - | Zocdoc is a leading digital healthcare marketplace that connects patients with in-person and virtual care providers, enabling users to find doctors who accept their insurance, book appointments instantly, read reviews, and manage health records. The platform transitioned in 2018 from a flat subscription model to a profitable variable fee-per-booking model, which lowered barriers for providers and accelerated network growth by 50% in initial states. In early 2021, Zocdoc secured $150 million in growth financing from Francisco Partners to fuel sales and marketing, expand products, and support initiatives like telehealth and the free Zocdoc Vaccine Scheduler adopted by entities such as the City of Chicago. The round followed a strong performance amid COVID-19, with revenue growing over 35% year-over-year pre-pandemic and achieving year-over-year growth in 2020 despite disruptions, rendering the company profitable and poised to exceed prior growth rates. Francisco Partners, specializing in technology investments, highlighted Zocdoc's innovation, growth pace, and contributions to U.S. healthcare, including pandemic support. CEO Oliver Kharraz emphasized the company's profitability, accelerating growth, and patient-focused impact. Investors include prior backers like Founders Fund and Atomico, with total funding reaching $375.9 million across 10 rounds per secondary sources. |
| Aug 2015 | Series D | Atomico (lead); Baillie Gifford (lead); Blue Collective; Founders Fund; Hedosophia | $130M | $1.8B | ZocDoc is a digital health platform that allows patients to find doctors within their insurance network, book appointments online, view patient reviews, receive appointment reminders, and complete paperwork in advance. Founded in 2007, ZocDoc had grown to over 600 employees across offices in New York, Arizona, and India by August 2015. In August 2015, ZocDoc closed a $130 million Series D funding round led by Scottish investment firm Baillie Gifford and London-based Atomico, with participation from existing investor Founders Fund. The round valued the company at $1.8 billion, making it a unicorn and one of New York City's most valuable private tech companies at the time. Prior to this, ZocDoc had raised $97.9 million in venture funding, including a $75 million Series C led by Goldman Sachs and DST Global that valued the company at $700 million. The new capital was intended to support product development beyond ZocDoc's core scheduling capability and to expand healthcare provider partnerships, with the company on track to double its health system client roster in 2015. |
Who has invested in Zocdoc?
7 investors have backed Zocdoc across its funding rounds, including Founders Fund, Atomico, Baillie Gifford, Hedosophia, Francisco Partners and Blue Collective.
Lead investors include Francisco Partners, Atomico and Baillie Gifford.
Zocdoc Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Aug 2015 | ||
| 1 | Participant | Aug 2015 | ||
| 1 | Participant | Aug 2015 | ||
| 1 | Participant | Aug 2015 | ||
| 1 | Lead | Feb 2021 | ||
This data is available for Pro users. Sign up to see all 7 Zocdoc investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialZocdoc Competitors
Zocdoc competitors include listed companies like ACV Auctions and Lime, and private ones like Spinny, Outdoorsy, Carsome and Vestiaire Collective.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $498M | - | $1.8B | 3.6x | ||
| Publicly listed | $760M | ($19M) | $1.8B | 2.1x | ||
| Private | $34M | - | $1.8B | 54.1x | ||
| Private | - | - | $1.7B | - | ||
| Private | $230M | - | $1.7B | 7.4x | ||
| Publicly listed | $887M | $87M | $2B | - |
Zocdoc Public Comps
Zocdoc is still privately-owned, but its public comps include ACV Auctions, TBO.com, GO, Lime, Ping An Healthcare, eFinance, Ziff Davis, TX Group, JMDC and Moltiply Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $760M | ($19M) | 2.3x | 2.1x | (89.6x) | 24.8x | |||
| $262M | $41M | 6.7x | 5.2x | 43.2x | 34.3x | |||
| $266M | $49M | 5.4x | 5.3x | 29.4x | 24.7x | |||
| $887M | $87M | 2.2x | - | 22.2x | - | |||
| $815M | $52M | 0.9x | 0.9x | 13.4x | 16.9x | |||
| $130M | $67M | 11.8x | - | 22.8x | - | |||
| $1.5B | $335M | 0.9x | 1.0x | 3.8x | 3.3x | |||
| $1.1B | $310M | 2.1x | 2.1x | 7.2x | 8.1x | |||
This data is available for Pro users. Sign up to see all Zocdoc competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Zocdoc
| When was Zocdoc founded? | Zocdoc was founded in 2007. |
| Where is Zocdoc headquartered? | Zocdoc is headquartered in New York City, NY, United States. |
| Is Zocdoc publicly listed? | No, Zocdoc is a private, VC-backed company. |
| What is Zocdoc's valuation? | Zocdoc was last valued at $1.8B in its Series D in August 2015. |
| How much funding has Zocdoc raised? | Zocdoc has raised $280M across 2 funding rounds. |
| What was Zocdoc's last funding round? | Zocdoc's last funding round was a $150M undisclosed-stage round in February 2021, led by Francisco Partners. |
| Who are Zocdoc's investors? | Zocdoc's investors include Baillie Gifford, Blue Collective, Founders Fund, Hedosophia, Francisco Partners, Disruptive Ventures and Atomico. |
| What is Zocdoc's revenue? | Zocdoc's latest recorded revenue is $71M (August 2015). |
| What is Zocdoc's revenue multiple? | Zocdoc's latest valuation implies a 25.4x revenue multiple ($1.8B valuation on $71M of revenue). |
| Which companies are comparable to Zocdoc? | Companies comparable to Zocdoc include Spinny, ACV Auctions, Outdoorsy, Carsome, Vestiaire Collective and Lime. |
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