Posted on April 15, 2019 by staff

London medtech start-up raises €6 million for ‘digital hospital’


A London start-up aiming to build the world’s first ‘digital hospital’ has raised €6 million to accelerate its growth plans.

Founded in 2016, Medbelle plans to support patients through its platform by providing information about treatments, prices, financing, options, consultations, medical details, and appointments.

Patients are able to book a procedure through Medbelle, including access to specialists and operating facilities.

For specialists offering care via the platform, it is claimed that it allows staff to work more productively by avoiding inefficient, unnecessary administrative tasks.

Over 30,000 users are already on the service in the UK, a figure expected more than triple by 2020.

The latest funding round, led by signals Venture Capital, with participation from Talis Capital, Mutschler Ventures, IBB Beteiligungsgesellschaft, and Cavalry Ventures, will be used to accelerate the digitisation of the patient journey.

The company had previously focused on private procedures in areas such as cosmetics, bariatrics, and ophthalmology. It is now expanding into orthopaedics and fertility and plans to work with private medical and public insurance providers and the NHS to leverage its technology and services.

“Major digital platforms improve customer experience in almost all industries, however, in healthcare, the digitisation of patient journeys has been heavily lagging behind until now,” said Clemens Koós, investment manager at signals Venture Capital.

“Medbelle’s technology and personalised care enable much simpler and more affordable medical treatments – while allowing healthcare providers to efficiently focus on treating patients. We look forward to working with the Medbelle team and co-investors in expanding the platform to include more treatment specialities and increasing its reach.”