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Doctor on Demand adds Goldman Sachs Investment Partners in $74M Series C round

April 25, 2018 / STEPHANIE BAUM

Telemedicine business Doctor on Demand has closed a $74 million Series C round, bringing the total it has raised to date to more than $160 million, according to a news release. The new funding comes at a time when reimbursement for telemedicine services is trending more favorably with public and private plans. Princeville Global and Goldman Sachs Investment Partners led the Series C round. Two more new investors, Blue Cloud Ventures and Ridgeview Asset Management, also took part. Among the existing investors that participated were Venrock, Shasta Ventures, Tenaya Capital, Lerer Hippeau Ventures, Qualcomm Ventures, Sherpa Ventures, World Innovation Lab and Sir Richard Branson.