One of the world’s largest companies connecting doctors with patients has grown based on the popular in Poland service ZnanyLekarz (FamousDoctor). Today it is made up of five websites of this type, used by 67M patients. Its valuation had to exceed $1B to become a unicorn.
Established in 2012 by Mariusz Gralewski, the company deals with creating and managing websites that enable making appointments for doctors and reviewing medical services by patients. Thanks to SaaS, it also helps doctors administer their workflow. About 7M visits are arranged each month with the help of the portal. The database contains over 2M doctors and health care professionals from 15 countries, with 2.4M opinions. The company employs 1,500 people and has offices in Warsaw, Barcelona, Istanbul, Rome, Mexico, Curitiba, and Bologna.
The information that the company exceeded the valuation of $1B was provided by a London-based specialist portal, unquote, which was revealed in August this year. The company ended its undisclosed financing round after obtaining unicorn status. It means that investors recognized that many components of the company’s indicators, such as its current earning potential, strategy, management, patents, and technologies, make it worth that much. The next round of financing was scheduled for the fall of 2021.
There are around 900 unicorn companies, i.e. technology startups, valued at over $1B globally. Of these, 400 are in the United States and only 60 in Europe, most of them in Great Britain (26, including 19 located in London), Germany (9), and France (7).
The highest-valued unicorn in Central and Eastern Europe is the Romanian UIPath ($35B), creating systems that automate office work, i.e. Robotic Process Automation. The value of $1B was also exceeded by the Lithuanian company Vinted, which establishes an internet platform for second-hand trading clothes, and the Estonian Bolt. Poland has not had a single unicorn so far.