Avi Medical Raises €50M in Series B Funding

avi medical

Avi Medical, a Munich, Germany-based data-driven healthcare provider, raised €50m in Series B funding.

The round was led by Balderton Capital with participation from existing investors Heal Capital and Addition, as well as Picus Capital, Vorwerk Ventures, Eurazeo and 3VC, and angels such as UiPath founder Daniel Dines and Forward Health Founder Adrian Auon.

The company intends to use the funds to expand operations and its business reach from eight to at least 100 clinics across Germany by 2024.

Co-founded by Vlad Lata, and Julian Kley, in 2020, Avi Medical is a digital healthcare company, building patient-centric, technology-enabled medical practices that deliver a personalized and holistic digital patient experience. Its integration of multiple channels of interactions, patient records and data points, as well as 24/7 access, is designed to put evidence-based diagnoses and preventative health care at the center of its way of delivering primary care.