French start-up Toktokdoc has raised 5 million euros in a funding round led by Crédit Mutuel Arkéa's We Positive Invest fund. The medtech company was founded in 2017 to address medical desertification and difficulties accessing specialised care, by offering an optimal telehealth experience.
The medical care provided by Toktokdoc combines digital technologies with human presence. Thanks to a telemedicine solution, nursing home residents are connected with a remote doctor through a tablet and a connected stethoscope. The telemedicine experts at Toktokdoc, acting as a "hospital outside the walls", support healthcare teams in care facilities. This human resources contribution generates an average of 10 times more teleconsultations or tele expertise acts, for proactive and preventative medical follow-up of residents.
To date, more than 150 facilities in France are equipped, serving 12,000 patients. With this funding, Toktokdoc will offer its service to the entire medical-social sector, including health and outpatient structures, a market of over 30,000 structures and nearly 2 million patients. To achieve this, the company will double its workforce to reach 40 collaborators within a year.
Crédit Mutuel Arkéa's, We Positive Invest fund, invests in innovative start-ups with a high social and environmental impact. The fund aims to provide support to these start-ups, particularly in terms of the societal challenges they address.
Toktokdoc's telemedicine solution provides a cost-effective and efficient way to deliver specialised care to remote areas, where access to healthcare is limited. It also allows for better monitoring of patients' health, leading to proactive and preventative care. The funding will enable the company to expand its reach and provide its service to a wider population, helping to address the issue of medical desertification in France.