BetterDoctor is a company.
BetterDoctor has raised $24.0M across 3 funding rounds.
Key people at BetterDoctor.
BetterDoctor has raised $24.0M in total across 3 funding rounds.
BetterDoctor is a healthcare technology company that originally built a consumer-facing web and mobile platform to help patients find verified doctors based on specialty, insurance, location, availability, and condition, solving the problem of opaque doctor selection in the U.S. healthcare system.[1] Launched in late 2012, it aggregated big data on over one million doctors and assisted more than 10 million patients by making government-sourced "Doctor Quality Indicators" instantly searchable, streamlining what was previously a time-consuming process of calling offices.[1] Following its 2018 acquisition by Quest Analytics, BetterDoctor evolved into a provider data verification and validation service used by over 700,000 healthcare professionals across 360,000+ locations and 425+ health plans, including CMS and major insurers, to ensure accurate provider directories and regulatory compliance for network adequacy.[3][4][5][6]
Today, as a division of Quest Analytics, it serves health plans, practitioners, and regulators by enabling primary-source verified data management, reducing directory inaccuracies (often 30-60% per CMS audits) and supporting narrower provider networks amid rising U.S. healthcare costs.[3][5][6]
BetterDoctor was founded in 2011 in San Francisco, California, by Ari Tulla, who later became CEO of Quest Analytics post-acquisition.[1][5] The idea emerged from Finland's leadership in digital health startups—boasting the most per capita globally—and aimed to bring transparency to U.S. healthcare by creating the first consumer tool for searchable doctor quality data from complex government sources.[1] Early traction was strong: by late 2012 launch, it quickly scaled to help over 10 million patients find in-network, available doctors, positioning itself as a "healthcare translation tool" using big data.[1]
A pivotal moment came in June 2018 when Quest Analytics acquired BetterDoctor, combining its primary-source verified provider data platform with Quest's network adequacy tools to address federal and state regulations on accurate directories and access.[4][5] This integration humanized the mission by empowering practitioners to attest data easily via portal, minimizing administrative burdens while improving patient access.[3][6]
BetterDoctor rides the wave of U.S. healthcare digitization, where spiraling costs force narrower provider networks, prompting strict federal/state rules on network adequacy and directory accuracy from CMS and regulators.[5][6] Timing is critical: post-2018 acquisition aligns with CMS audits exposing massive inaccuracies, positioning it as essential for health plans managing compliance amid telemedicine growth and value-based care shifts.[3][5] Market forces like regulatory pressure and patient demand for transparent access favor its model, influencing the ecosystem by standardizing verified data flows—reducing patient friction, enabling 24/7-like reliability without visits, and supporting 300+ health plan customers in optimizing networks.[4][5] It bridges consumer tools (early doctor search) with enterprise B2B, amplifying fintech-health intersections in data management.
Quest Analytics' BetterDoctor division is poised to expand as AI-driven health data tools proliferate, potentially integrating predictive analytics for real-time network gaps and deeper CMS/state partnerships amid tightening regulations.[5][6] Trends like personalized medicine and telehealth will amplify demand for its verified data backbone, evolving its influence from verification specialist to full-stack network intelligence leader. As healthcare costs climb, expect broader adoption by emerging payers, solidifying its role in making "finding the right doctor" seamless—from patient apps to compliant ecosystems.
BetterDoctor has raised $24.0M in total across 3 funding rounds.
BetterDoctor's investors include Audrey Capital, Bain Capital Ventures, Bessemer Venture Partners, Chemistry VC, Elsewhere Partners, Foundry Group, Krillion Ventures, LAUNCH, MC Capital, NextGen Venture Partners, Predictive VC, SeedInvest.
Key people at BetterDoctor.
BetterDoctor has raised $24.0M across 3 funding rounds. Most recently, it raised $11.0M Series B in June 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2017 | $11.0M Series B | Audrey Capital, Bain Capital Ventures, Bessemer Venture Partners, Chemistry VC, Elsewhere Partners, Foundry Group, Krillion Ventures, LAUNCH, MC Capital, NextGen Venture Partners, Predictive VC, SeedInvest, Techstars, Uncork Capital, Henry Rouquairol, Mark Solon | |
| Jun 1, 2014 | $10.0M Series A | Audrey Capital, Bain Capital Ventures, Bessemer Venture Partners, Chemistry VC, Foundry Group, NextGen Venture Partners, Techstars, Uncork Capital, Mark Solon | |
| Oct 1, 2013 | $3.0M Seed | Accel, Audrey Capital, Bain Capital Ventures, Bessemer Venture Partners, Chemistry VC, Foundry Group, Index Ventures, IVP, London Venture Partners, Moonfire Ventures, NextGen Venture Partners, Techstars, Uncork Capital, Mark Solon, Paul Heydon |
