Lazada for healthcare. Plus, Airbnb for surgeries. Think that’s cool? You’ll love Thai healthtech startup, HD!

Founded in 2019, they offer an online marketplace for healthcare services, surgeries, and treatments in Southeast Asia. Now, they just raised a $5.6M Series A!

Investor check. SBI Ven Capital led the round. Existing backers like M Venture Partners, FEBE Ventures, Partech Partners, Ratio Ventures, and Orvel Ventures also joined in, along with a new investor, TA Ventures!

• They raised $6M in December 2022, along with more funding raised in 2023 to expand to Vietnam.
• They are active in Thailand and Indonesia.

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🏥 What they do

HDmall. Think Lazada for outpatient healthcare. Book a checkup, test, teleconsultation, vaccination, or any other treatment or procedure that doesn’t need you to stay at a hospital overnight!

HDcare. It’s basically Airbnb for Surgeries. How? They use extra space underutilized by hospitals and clinics for you to get quicker and more affordable access to surgeries.

• They bring on surgeons that have their own private practice to perform the surgeries in the vacant rooms.

They’ve already helped 2,000 patients access elective surgeries like thyroid, hemorrhoid, and ophthalmic procedures at 15-20% lower rates!

• Win-win-win. Patients get cheaper surgeries, hospitals maximize their spaces (and make $$$ from room rates), and surgeons earn more.

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🩺  AI meets healthcare

Now, they’ve built their own LLM. It’s called MEhdIQ and is trained on their own anonymized transaction, chat, FAQ, and product catalog data it has accumulated over the years.

• Their LLM will help power their own chatbot on HDmall to help speed up and increase the number of their transactions.

‍But it doesn’t stop there! They’re building it up as a future SaaS AI copilot tool for healthcare providers and payers to level up the healthcare operations and insurance processes.

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💊  What’s next?

They’ll be rolling out a chatbot for their marketplace in the next three months. Oh, and they’ll also open up their tech for third-party use by the end of the year,