Medical care scheduling startup Doctolib acquires MonDocteur

What do you do when you’ve raised nearly $100 million and you want to grow as quickly as possible? In Doctolib’s case, the startup is acquiring its main competitor MonDocteur. Together, the two companies work with tens of thousands of doctors and get tens of millions of unique visitors every month.

Doctolib has developed an online scheduling platform for all sorts of doctors, from your physician next door to the hospital in the big city.

Instead of creating integrations with existing calendars and software solutions, Doctolib is replacing your doctor’s scheduling system altogether. After signing up, you can create your profile and manage your calendar from Doctolib directly.

This way, patients can look at their doctor’s calendar on Doctolib’s website and find a time slot that works for everyone. But doctors even use Doctolib for patients who call them directly as it replaces the entire calendar system.

MonDocteur started five years ago with the exact same idea in mind. Over time, the two companies have significantly grown and convinced more and more doctors. You can’t use both solutions, so each doctor had to decide between Doctolib and MonDocteur.

Here are some numbers:

• MonDocteur has 150 employees, while Doctolib has 450 employees.
• MonDocteur works with 10,000 health professionals and Doctolib has signed up 45,000 health professionals.
• MonDocteur costs €106.80 per month, Doctolib costs €109 per month in France.
• MonDocteur gets 4 million visitors per month on its website. Doctolib now attracts 16 million visitors.

So it’s clear that MonDocteur was smaller than Doctolib, but not really an order of magnitude smaller. These two startups will form a big company after the acquisition with 600 employees. It will also lead to a huge jump in monthly recurring revenue.

It’s clear that Doctolib now has nothing to worry about in France. The startup also recently launched its service in Germany. Now, it’s all about convincing new doctors in France and Germany to join the platform. The company could also expand to new services to create new revenue streams.

For now, both MonDocteur and Doctolib will stick around. If you’ve been using one of those two sites, nothing will change. Doctors will also remain segmented between the two sites. Eventually, there will be just one service.

Post by startupsnows.blogspot.com