In June of last year, VC Experts discovered a filing that suggested ZocDoc, a roughly eight-year-old, New York-based online medical care schedule service, was raising a new round of funding worth $152 million and that valued the company at $1.6 billion.
That round has closed with $130 million, at a current valuation of $1.8 billion, the company announced today. It was led by Atomico and the Scottish investment firm Baillie Gifford (which is also a Spotify investor), with participation from previous backer Founders Fund.
A spokesperson for the company says the round “came together over the past few months.”
ZocDoc’s new funding makes it one of New York’s most highly valued, privately held companies. It also puts it among the roughly 130 other privately held outfits that are currently valued at $1 billion or more, according to the real-time “unicorn” list of the firm CB Insights.
Of course, it would also seem to push off an IPO, though ZocDoc isn’t discussing a timeline for that or sharing whether it’s profitable. It tells us instead that “every month is a record-setting month for us, in one capacity or another.”
ZocDoc, which is free for patients but costs doctors $3,000 annually, has now raised $230 million altogether, including from earlier backers Khosla Ventures, DST Global, Goldman Sachs, SV Angel and prominent entrepreneurs Jeff Bezos and Marc Benioff.
ZocDoc currently has 600 employees across three offices and “millions” of customers, and offers its services across the U.S., covering 60 percent of the U.S. population, it says.
Its foreign investors suggest a bigger push internationally is coming soon, too.