Zocdoc Announces $150 Million In Growth Financing From Francisco Partners

Zocdoc, a digital health care location and scheduling platform, received $150 million in growth financing from Francisco Partners, a global investment firm that specializes in partnering with technology businesses. Zocdoc provides online scheduling for in-person health care appointments. During the corornavirus disease 2019 (COVID-19) pandemic, Zocdoc began offering telehealth appointments and services. Its platform now supports hybrid care: both physical and virtual care services. It aggregates millions of in-person and video visit appointments across a nationwide health care network.

Zocdoc grew revenue by more than 35% year-over-year before the pandemic, and had year-over-year . . .