Miguel Cordon · · 1 min readThai’s ‘Airbnb for surgeries’ secures $6m funding
HD, a Thailand-based healthcare marketplace, has raised US$6 million in a funding round from Partech Partners, M Venture Partners, AC Ventures, iSeed, and Orvel Ventures.
The HD team / Photo credit: HD
Founded in 2019, HD connects patients to hospitals, clinics, operating rooms, and surgeons through its marketplace called HDmall, which is available in Thailand and Indonesia.
In November 2022, the startup launched HDcare, considered the “Airbnb for surgeries.” The solution aims to boost occupancies of operating rooms, which HD says see low usage rates across private institutions.
According to the company, patients getting procedures such as thyroid, hemorrhoid, and orthopedic surgery can get 15% to 20% better pricing options versus market rates through HDcare.
HD aims to have over 5,000 healthcare providers and 300 operating rooms available on its platforms by 2024.
“As we put the pandemic behind us, our investors and us see a once-in-a-lifetime supply-driven opportunity in HDcare that is very similar to how companies like Airbnb, Uber, and Groupon leveraged supply and emerged from the 2008 financial crisis,” said Sheji Ho, CEO and co-founder of HD.
See also: Temasek-backed Halodoc enabled sale of restricted drugs
Editing by Thu Huong Le and Lorenzo Kyle Subido
(And yes, we’re serious about ethics and transparency. More information here.)
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
