Bailador injects $20 million into telehealth startup Updoc

Sydney-based digital healthcare platform Updoc has secured a game-changing $20 million investment from Bailador Technology Investments, propelling the startup to new heights in the telehealth industry. Founded by Australia’s Top 100 Young Entrepreneurs Dylan Coyne and Clifton Hodgkinson, Updoc has already connected 200,000 Australians with healthcare practitioners through its innovative platform.

The injection of funds from Bailador will enable Updoc to accelerate its product development and expand internationally, with a focus on making healthcare more accessible and affordable for millions of people. The founders of Updoc are determined to revolutionize the way people access healthcare, likening the experience to ordering a pizza – easy, convenient, and cost-effective.

Bailador, known for its successful investments in the digital health space, sees great potential in Updoc’s platform to streamline healthcare delivery and alleviate pressure on the Australian healthcare system. The partnership between Updoc and Bailador is set to drive further innovation in the telehealth sector, benefiting both patients and healthcare practitioners.

In addition to the investment in Updoc, Bailador recently announced a significant increase in the valuation of its investment in volunteer management software platform Rosterfy. The success of Rosterfy, founded by Bennett Merriman, Shannan Gove, and Chris Grant, highlights Bailador’s keen eye for investing in market-leading solutions that address global challenges.

With the support of Bailador, Updoc and Rosterfy are poised for continued growth and success in their respective industries, showcasing the power of innovation and strategic investment in driving positive change.