Speedoc bags US$5M Series A funding

Singapore: Speedoc, a Singapore-based digital health app, has raised S$6.7 million (US$5 million) in a Series A funding round, led by Vertex Ventures.

As per a press note, the fresh funds will be used to bankroll Speedoc’s technological advancement initiatives in Singapore to drive faster adoption of digital health services locally.

The initiatives include rolling out virtual hospital schemes and working with industry partners for clinical validation of proprietary clinical pathways.

The capital will also enable it to enhance its proprietary Chronic Disease Home Management service and aid in its plans to expand to other markets in Southeast Asia.

Additionally, it will leverage Artificial Intelligence and Machine Learning to create personalized treatment plans.

Founded in 2017, Speedoc operates as a platform that combines offline and online services to provide healthcare to patients in their homes. Its services include house call doctors, telemedicine, and remote health monitoring among others.