Digital Healthcare Company KRY Raises $66M in Series B Funding

KRY, a Swedish digital healthcare provider that lets people see a healthcare professional within 15 minutes via a smartphone or tablet, raised $66m (€53m) in Series B funding.

The round was led by Index Ventures with participation from existing investors Accel, Creandum, and Project A.

The company intends to use the funds to continue building its team in order to further expand geographically – initially to the UK and France, deepen penetration in existing markets, and expand its medical offering.

Led by Johannes Schildt, CEO and co-founder, KRY allows patients to have a video consultation with a KRY-employed healthcare professional via their mobile phone or tablet. Patients can download the KRY app – available on iOS and Android – and select a suitable time for a video-based doctor’s appointment. Prior to the appointment, the patient describes their symptoms in writing, uploads relevant pictures, and responds to symptom-specific questions. At the scheduled time, the doctor calls the patient through the app to start the video consultation. During the video call, patients may receive prescriptions for medication, advice, referral to a specialist, or lab or home tests with a follow-up appointment. Prescribed medication and home tests can then be delivered straight to the patient’s home within two hours.
The service has – in under two years – had over 350 000 patient meetings in Sweden, Norway and Spain via over 300 clinicians.

The company launched an online psychology solution in March 2018.



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