Stubbs Alderton client ZocDoc announced that it has closed a round worth $130 million, at a current valuation of $1.8 billion. The investment round was led by SAM client, Atomico, and the Scottish investment firm Baillie Gifford (which is also a Spotify investor), with participation from previous backer Founders Fund.
SA&M Partner Murray Markiles represented Atomico for this transaction.
About ZocDoc
ZocDoc is the tech company at the beginning of a better healthcare experience. Each month, millions of patients use ZocDoc to find in-network neighborhood doctors, instantly book appointments online, see what other real patients have to say, get reminders for upcoming appointments and preventive checkups, fill out their paperwork.
Atomico
Founded in 2006 by Niklas Zennström, a co-founder of Skype, they have made over 50 investments over four continents, including Skype, Supercell, Rovio, Klarna, and The Climate Corporation, with an exclusive focus on the technology sector. Their sector expertise and deep network mean that they know, and have worked with, people across the world who can add value to their portfolio companies.
For more information about our Venture Capital and Emerging Growth practice, contact Scott Alderton at (818) 444-4501 or