Founded in Berlin in 2020, MedKitDoc has just raised €7 million to improve access to medical care, especially with elderly and chronically ill patients in mind.
In addition to Vorwerk Ventures, Acton Capital, and existing investor Picus Capital, FlixBus founders Daniel Krauss and Jochen Engert are also investing in the fast-growing digital health startup.
By combining the MedKitDoc app with a network of trained specialists and their ‘MedKit’, the startup is developing a new way of remote and timely consultations – the next generation of telemedicine that is easier, smarter, and more accessible. At the same time, local and family doctors can use the MedKitDoc platform to examine and treat more patients remotely, avoiding unnecessary hospitalizations.
Founder and CEO, Dorian Koch, said: “Regarding our ageing population, there is an urging need for innovation to ease a strained healthcare system…Our goal is to provide easy and timely access to high-quality medical care for as many people as possible and regardless of their location.”
Through using Bluetooth-enabled medical diagnostic devices, such as a blood pressure monitor or stethoscope, relevant data is sent in nearly real-time during the video consultation to doctors via the MedKitDoc app. Giving doctors and patients a far expediated consultation experience, without the need for vulnerable populations to have to travel to hospitals.
While digitization has been a buzzword across industries over the past couple of years, healthcare is still only beginning this process. With a growing ageing population, and the constraints the coronavirus pandemic has placed on the European healthcare system at large, the cracks within healthcare have begun to show. MedKitDoc is aiming to address this by completely transforming how elderly and chronically ill people can receive medical care – that still gives them best-in-class treatment but with less strain on health systems, and less stress for patients.
The healthtech startup has already established collaborations with over 50 care facilities in Germany. The fresh funding injection will be used to further develop software and grow the team during treatment, and the time-consuming documentation during treatment will be significantly reduced.