Aussie telehealth startup Updoc gets $13M funding from Bailador

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Venture Startups International, operating as Updoc, has secured A$20 million ($13.2 million) in funding from Bailador for its telehealth services, which include virtual consultations, prescriptions, specialist referrals, and more. The company aims to use the investment for international expansion and technology development. Updoc has served 200,000 patients, and the funding will help it reach more people in need of healthcare access. The telehealth market in Australia has seen some significant investments and mergers in recent years, with companies like Eucalyptus and Visionflex making moves for expansion both locally and overseas.

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