HealthTap Raises $24 Million In Funding

Posted May 8, 2013

HealthTap is a company that connects doctors with patients through an Interactive Health Network and mobile apps.  HealthTap has raised $24 million in Series B funding led by Khosla Ventures with participation from existing investors Mayfield Fund and Mohr Davidow Ventures.

HealthTap plans on using the funding to hire top talent, expand their reach, and accelerate growth.  HealthTap has raised a total of $37.9 million in funding so far.  Keith Rabois, a partner at Khosla and former COO of Square, is joining HealthTap’s board of directors as an advisor.

HealthTap works with patients in the form of a Q&A.  The service has around 38,000 physicians registered in their Medical Expert Network.  HealthTap can be considered a cheaper alternative to meeting doctors face-to-face.

In the past year, HealthTap quadrupled the number of doctors in their network.  Doctors can build an online and real-world reputation through the website.  This could be resourceful for attracting new patients and improving the quality of health information online.

This past March, HealthTap is seeing around 10 million questions being asked per month and the website is hitting over 7.5 million monthly unique visitors.  The company’s mobile apps have been downloaded over 2 million times also, according to TechCrunch.

HealthTap was founded by Ron Gutman.  Prior to starting HealthTap, Gutman founded a company called Wellsphere and sold it to HealthCentral for an undisclosed amount.