Telehealth App Kry Raises $66 Million to Launch Video-Call-a-Doctor Services

June 14, 2018  Source: TechCrunch 221

Sweden-based Telehealth startup Kry has raised $66 million series B funding round led by Index Ventures, with participation from existing investors Creandum, Accel, and Project A. Just a year ago the company raised its venture capital funding of $22.8 Million, which altogether come to total $92 Million. The startup is planning to invest the new fund for the market expansion, targeting the UK and French market and it also wants to deeply focus into its current market Sweden Norway and Spain by offering medical services via remote consultations.

Kry was founded in 2014 focusing on a Tele-Health platform. The new application-based health service helps patients to describe in writing and input their symptoms into the app with relevant pictures and answering to symptom-specific questions, later Kry schedules a 15-minute video consultation with a healthcare professional via a tablet, mobile phone or browser. These doctors are always recruited by Kry, locally in each market where it operates. During the video call with the doctor, patients will also receive prescriptions for medication and other details referring  to the patient’s health.

Kry's spokesperson said, “Our telehealth services are used by all age groups. Our oldest patient just turned 100 years old. One big user group is families with young children, but we see that usage is becoming more even over different age groups."

There are also other startups focusing to scale businesses in the video-call-a-doctor telehealth space, applications like PushDoctor, from UK and Doctor On Demand based in the U.S., to name a few 

By Ddu