Doctolib raises $549Mn at $6.4Bn valuation

French startup Doctolib has raised $549 million in both equity and debt in a new funding round. With this round, the company has reached a valuation of €5.8 billion, or $6.4 billion making Doctolib the highest valued French startup.

Doctolib acts as a booking platform that connects doctors with patients, with 60 million people already using it in France, Germany and Italy. With this funding round, the company plans to grow from 2,500 employees to 6,000 employees over the next five years.

The company has already added some new SaaS products. In addition to a telehealth add-on, the startup has a product called Doctolib Médecin that can help in centralizing documents, see a patient’s history, taking notes and issue invoices.

Doctolib is creating an instant messaging service for health professionals with its team to securely talk about patients and send documents. Doctolib relies on a vast network of offices in major and mid-sized European cities so that they can talk with doctors all around France, Germany and Italy. Doctolib plans to operate across 30 cities.