Swedish digital healthcare provider KRY has raised $155 million in a funding round led by Ontario Teachers’ Pension Plan to support plans for further expansion in Europe, the company said on Tuesday.
KRY’s health app provides users with video-based doctors appointments. Since the company was founded in 2015 it has completed more than 1.4 million patient meetings, making it Europe’s leading digital healthcare provider, it said.
The company, which operates in Sweden, Norway and Germany under its own name and in the United Kingdom and France under the name LIVI, said that existing investors Index Ventures, Creandum and Accel also participated in the funding round.
“When the company was founded in 2015, we recognized the enormous potential technology had to transform the way patients access healthcare,” KRY Chief Executive Johannes Schildt said in a statement.
“Our ambition now is to expand into improving access to healthcare for millions more within Europe.”
Source: Reuters
Can’t stop reading? Read more
Fund Friday: Top fundraising news in private equity
Fund Friday: Top fundraising news in private equity JPMorgan Chase has taken a major step toward...
Lunate commits $1bn to HPS private markets platform in latest Abu Dhabi-backed expansion
Lunate commits $1bn to HPS private markets platform in latest Abu Dhabi-backed expansion Abu...
Vodafone buys Waterland’s Skaylink for $204m to expand European cloud services
Vodafone buys Waterland’s Skaylink for $204m to expand European cloud services Vodafone has agreed...