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

Zocdoc Overview

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

United StatesNew York City, NY

Website

zocdoc.com

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

Zocdoc valuation by funding round
DateStageValuationRevenue Multiple
Aug 2015Series D$1.8B25.4x

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

Zocdoc revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Aug 2015$71M$1.8B25.4xSeries 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

Zocdoc funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Feb 2021Undisclosed stageFrancisco 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 2015Series DAtomico (lead); Baillie Gifford (lead); Blue Collective; Founders Fund; Hedosophia$130M$1.8BZocDoc 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

Investors in Zocdoc by funding rounds participated
InvestorHQRoundsRoleFirst check
Baillie GiffordUnited KingdomEdinburgh1LeadAug 2015
Blue CollectiveUnited StatesNew York City, NY1ParticipantAug 2015
Founders FundUnited StatesSan Francisco, CA1ParticipantAug 2015
HedosophiaUnited KingdomLondon1ParticipantAug 2015
Francisco PartnersUnited StatesSan Francisco, CA1LeadFeb 2021

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Zocdoc Competitors

Zocdoc competitors include listed companies like ACV Auctions and Lime, and private ones like Spinny, Outdoorsy, Carsome and Vestiaire Collective.

Public and private companies comparable to Zocdoc
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
SpinnyIndiaGurgaonPrivate$498M-$1.8B3.6x
ACV AuctionsUnited StatesUnited StatesPublicly listed$760M($19M)$1.8B2.1x
OutdoorsyUnited StatesAustin, TXPrivate$34M-$1.8B54.1x
CarsomeMalaysiaPetaling JayaPrivate--$1.7B-
Vestiaire CollectiveFranceParisPrivate$230M-$1.7B7.4x
LimeUnited StatesUnited StatesPublicly 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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
ACV Auctions$760M($19M)2.3x2.1x(89.6x)24.8x
TBO.com$262M$41M6.7x5.2x43.2x34.3x
GO$266M$49M5.4x5.3x29.4x24.7x
Lime$887M$87M2.2x-22.2x-
Ping An Healthcare$815M$52M0.9x0.9x13.4x16.9x
eFinance$130M$67M11.8x-22.8x-
Ziff Davis$1.5B$335M0.9x1.0x3.8x3.3x
TX Group$1.1B$310M2.1x2.1x7.2x8.1x

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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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