Mensa Group, naturally, is one of HaloDoc’s early investors, but Jonathan says it’s an independent company to which he owns majority shares.
Today, HaloDoc announced that it’s raised money from Singaporean private equity firm Clermont and NSI Ventures, an early-stage investment fund part of North Star Group.
With this round, the company has pocketed a total of US$13 million to work on its mission to bring better healthcare to Indonesians, Jonathan says.
Surprisingly, two other local startups are also named as HaloDoc’s investors: on-demand app Go-Jek and ecommerce platform Blibli. Both have invested twice, Jonathan says, first in a pre-series A round and now, together with Clermont. Jonathan won’t disclose the terms of the deal he has with the startups, but says both are strategic partners in HaloDoc’s future development.
The app works with Go-Jek’s motorcycle delivery to send out medicine, and Go-Jek will have its own medicine delivery feature, called Go-Med, linking with HaloDoc.
Blibli helps HaloDoc with tech support and advice on how to scale. “Blibli is a tech powerhouse, together with Go-Jek, this will help us speed up the learning curve,” Jonathan says
It’s hard to tell at this point how HaloDoc’s services compare with those offered by other online healthcare companies. With its wide range, it’s definitely the most complete. It works together with over 18,600 licensed doctors and 1,000 certified partner pharmacies, Jonathan says. The app has about 75,000 installs, he adds, but won’t reveal an active user count.
What could work in HaloDoc’s favor when it comes to scaling fast is its access to the health industry through its connection with Mensa Group. Jonathan also has a powerful network: the app’s launch was attended by Indonesia’s IT minister Rudiantara and the president of the Indonesian Doctors Association.