The Porto-based startup knok healthcare completed a £300k seed round with London’s Mustard Seed, to expand services in Portugal and other countries. The ‘Uber-style’ private healthcare platform enables patients to access on demand and in person medical support at their place of choice.
Knok’s CEO José Bastos, said: “It’s a great step towards our goal of providing top quality, personalized and affordable healthcare, whilst also providing a source of additional compensation for junior doctors who are often poorly paid by existing service providers.”
Henry Wigan, Mustard Seed’s investment director, stated: “If we’ve got a compelling investment opportunity in front of us that creates positive social impact, we want in.”
The knok platform is offering efficiency and affordability, charging €49 for general practice and specialist appointments in Portugal. Launched in December 2015, it had a 15% average weekly growth for the past 10 months. Back in May they were considered the “most investable startup” according to the Global Investment Forum.