DST Global, a London based venture firm, has led a USD 50 million round of funding for ZocDoc, an online service which allows patients to make appointments with doctors in real-time. This was a Series C financing round. This latest investment values ZocDoc at USD 700 million.
ZocDoc was founded in New York City in 2007 as a way for people to make appointments with local dentists. Since its inception, it has grown to include all medical practices and is available in 9 other major metropolitan areas in the United States.
ZocDoc is completely free for the user; medical professionals pay a monthly fee to have their offices listed on the site.