HealthTap, a Silicon Valley health tech company, just wrapped up one of the most lucrative Series B financing rounds in the digital health industry. Khosla Ventures led the $24 million raise, and former capitalists Mayfield Fund and Mohr Davidow Ventures also contributed.
Khosla Ventures is keeping close ties with its new investment. HealthTap just announced that Vinod Khosla will be joining the Palo Alto, Calif.-based company as an advisor. HealthTap also announced another high-profile personnel move, adding venture capitalist and early PayPal employee Keith Rabois to its board of directors. Rabois is also a partner at Khosla Ventures.
HealthTap is a free online platform that boasts a network that connects millions of patients with a growing list of 38,000 doctors through its web and mobile apps. The company said it will use the new funding round to focus on platform growth and acquire top talent.
“Everyone will soon become the CEO of their own health,” said Rabois in prepared remarks. “HealthTap, with its phenomenal growth in combination with its unique technology, has the potential to become the triaging platform for everyone’s health. I am excited to work with the HealthTap team as the company scales to provide people with unparalleled immediate access to the most trusted medical knowledge, doctors, and health services.”
Back in 2011, HealthTap raised $2.35 million in seed financing led by Mohr Davidow Ventures and later that year raised $11.5 million in a Series A funding round from Mayfield Fund, Mohr Davidow ventures and Eric Schmidt’s Innovation Endeavors.