COVID-19 has made travelling harder and riskier. This Israeli startup has your back
Summary
The Israeli medical care and travel startup, Air Doctor, has raised $20 million in a Series A funding round led by Lightspeed Venture Partners, with participation from Vintage Investment Partners, Munich Re Ventures, The Phoenix, and Kamet Ventures.Get connected to a doctor, anytime, anywhereRecall early 2020. And so, there is a greater demand for suitable, better travel insurance; there is a need to expand the offerings of digital, physical, and online healthcare coverage and solutions to provide an improved customer experience and reduce claim costs. The second change points to our adaptation to the new circumstances COVID-19 brought on, which was the addition of the telemedicine solution for people that are reluctant to go to health clinics or public health providers.He went on to explain that though during 2019, pre-pandemic, 95% of the users in need of medical treatment used the Air Doctor platform (native apps or web app), they realized that customers demonstrated a strong need for an online digital solution. With that in mind, it is important to note that Air Doctor has become one of the fastest-growing startups, with tens of thousands of registered users and many more accessing the network worldwide. Their product is unique and distinctive and there is almost no competition worldwide.With the capital raised, Air Doctor plans to scale the company and grow its global footprint.