Bertelsmann Investments Invests €5 Million in Doccla’s European Expansion

Europe’s Virtual Hospital Raises Fresh Funds to Accelerate European Expansion, with Focus on Germany Leading virtual ward technology provider Doccla has received a strategic investment of €5 million Euro from Bertelsmann Investments, the global venture capital arm of Bertelsmann Corporation. The funding (received in the form of a convertible loan) will be deployed for Doccla’s European expansion – with a focus on Germany, which Doccla views as a priority market during the next phase of their expansion. The fresh cash follows September 2022’s Series A round (participants included General Catalyst, KHP Ventures, Giant Ventures, and Speedinvest). Doccla CEO, Dag Larsson, commented, “We are very proud to have Bertelsmann Investments with us on our journey to bring remote patient monitoring to as wide a patient base as possible. Doccla is scaling rapidly and in order to bolster our position as Europe’s virtual hospital, we require the best people in our corner. Bertelsmann Investments’ deep industrial expertise and remarkable team make them an ideal partner for the next chapter in the Doccla journey. Our European expansion will bring virtual wards – and their benefits – to a whole new level.” Bertelsmann Investments CEO, Carsten Coesfeld, added, “With Doccla’s innovation, everyone involved wins. Patients can go home earlier, hospitals have more beds available, and health insurers see a reduction in healthcare costs. Doccla is the right inv...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT Bertelsmann Investments Carsten Coesfeld Dag Larsson Doccla General Catalyst Giant Ventures Health IT Funding Health IT Fundings Health IT Investment KHP Ventures Martin Ratz Speedinvest Stefan Z Source Type: blogs