ZocDoc has raised $50 million in a new round with Digital Sky Technologies (DST). ZocDoc is a company that allows people to find and book appointments with doctors online. As part of this this round of funding, ZocDoc now has a valuation of $700 million.
ZocDoc started with a few dentists and 5,000 appointment slots. ZocDoc hit one million available appointments in two years. Now ZocDoc has 5 million appointments over the next 90 days and up from 3 million in February. They have more than doubled the number of employees in the last 6 months to 150.
Doctors pay about $250 per month to be a part of ZocDoc. ZocDoc wanted to launch with the company name Doctors.com, but the domain name owners wanted $4 million.