PokitDok raises undisclosed sum from McKesson Ventures

By Aditi Pai
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PokitDocSan Mateo, California-based PokitDok, which offers a healthcare price comparison tool and API-based tools for healthcare developers, has raised an undisclosed sum from McKesson Ventures, the venture arm of McKesson Corporation. PokitDok raised its most recent round, $34 million, in August 2015.

In addition to the round from McKesson, the company's total known funding is at least $37 million. Existing investors include Lemhi Ventures, New Atlantic Ventures, Rogers Venture Partners, Subtraction Capital.

As part of the deal McKesson Ventures Senior Vice President Tom Rodgers will join PokitDok as a board observer.

“McKesson is an established provider of enterprise-level healthcare data solutions, and our technology is the backbone to many of the critical healthcare transactions taking place every day,” Rodgers said in a statement. “PokitDok connects robust data streams like ours through an open platform for software engineers, health systems and their partners to build new and nimble products for patients and providers, giving them the consumer-centric offerings that today’s consumers demand.”

PokitDok was founded by Lisa Maki and Ted Tanner in 2011. The company first offered a mobile app and online service that let users locate healthcare providers in their area, then do a price comparison of different quotes, but it has since expanded its offerings.

PokitDok now also provides developers with several other tools that support providers and payers. One such offering is an API that allows patients to search for providers from PokitDok's provider directory, which can be filtered by education, credentialing, and other business information. Another tool, an appointment booking API, helps consumers schedule an appointment with a healthcare provider, which will then be directly added to the provider's schedule.

McKesson Ventures has previously invested in a few other digital health companies. Last month, McKesson Ventures invested in Minneapolis, Minnesota-based RetraceHealth, which offers a remote primary care offering. And in 2015, McKesson Ventures invested in two health tech startups: video visit service Carena, in June, and home care management service ClearCare in November.