Doceree Inc., a global network of physician-only platforms for programmatic marketing, has announced raising a pre-Series A funding for an undisclosed amount led by existing and new investors.
The company will utilize the fresh capital to expand its programmatic offerings and advancing the efficiency and effectiveness of physician marketing.
“Being able to garner a positive cash flow within a year of our commencement in the first launch market validates the capabilities of our platform in elevating business outcomes in the pharma and healthcare sector,” said Harshit Jain MD, Founder and Global CEO, Doceree. “The additional monetary inflow reinforces the benefits of our platform and enables us to introduce new digital technologies to evolve the physician marketing category.”
To date, Doceree has raised seed funding from angel investors in the United States and India. The company has bolstered its team to up to 75 members with industry veterans from Amazon, Adobe, Sprinklr and Experian. Pre-Series A is a bridge round and Doceree has already started the process of raising Series A from global investors, according to a statement.
“Doceree is transforming physician marketing ecosystem during a period when pharma marketers are focusing on digital initiatives,” added Harsh Gupta, who participated again in this round through his Family office. “As the industry needs more effective AI-powered solutions, Doceree’s dynamic programmatic platform provides significant advantages for pharmaceutical and healthcare corporations to elevate their marketing strategies.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.