ZocDoc, the online tool for searching local doctors and making appointments online, has just announced its Series A round of funding. Led by Khosla Ventures, this round has extended $3 million in investment funding to the New York-based startup. Launched nearly a year ago, ZocDoc has been building up its user base on both the doctor and the patient end, rolling out its service on a city-by-city basis.
This has also grown in conjunction with its practice-by-practice strategy of providing its service to dentists, dermatologists, ophthalmologists and primary care physicians, which has probably been its most successful implementation thus far. Tackling the health care industry on a practice-basis has allowed ZocDoc to adjust its strategy and technology offerings, enabling it to better achieve the growth its seen in the past year. According to ZocDoc, there are about 90,000 available appointments through its service at this time.
With the recent round of funding, ZocDoc is looking to expand its service even further, to cities beyond NYC. That means that there's a heavy focus on the local market as well as the practice market, giving ZocDoc two levels at which to promote its service. That's double the work, so ZocDoc will have to double its staff--something the company has already done in the past 6 months, from five to ten full-time employees.