May 1, 2024

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Top doctors raise 8 million from the Mars Growth Fund

Top doctors raise 8 million from the Mars Growth Fund

The startup Top Doctors raised eight million euros in debt in an operation led by the Singapore-based Mars Growth Capital fund, in its first operation in our country, and the Israeli fintech liquidity group, which specializes in lending capital for growth. Companies based on SaaS business models.

The company that provides technology to the sector

The startup Top Doctors raised eight million euros in debt in an operation led by the Singapore-based Mars Growth Capital fund, in its first operation in our country, and the Israeli fintech liquidity group, which specializes in lending capital for growth. Companies based on SaaS business models.

The company, which provides technology to the health sector, thus joins other startups such as MyInvestor, Housfy or Exxotica that in recent months have resorted to debt as a financing alternative given the slowdown in venture capital investment and the collapse of ratings.

Top Doctors offers a digital tool that gives users access to more than 90,000 experts from 50 medical specialties, while providing healthcare professionals with telemedicine solutions, online presence and brand image.

More than 100 million users around the world have identified a health professional through its application and nearly 2 million users have made an appointment.

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With these funds, the Barcelona-based startup plans to carry out acquisitions with which to accelerate growth plans and improve the company’s product offering, as explained by its CEO, Alberto e Borciani.

Founded a decade ago, Top Doctors is present in Spain, Italy, UK, Mexico, Colombia, Chile, Argentina and Saudi Arabia. Last year, the company closed with revenue of $18.5m (€16.3m), up 30% from 2021.

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The last fundraising for the Catalan startup took place in October 2021, when it announced a Series B round of $13 million led by French venture capital manager Impact Partners and with participation from the Institut Català de Finances (ICF), through the Venture Tech II fund.