Pulawy-based eGabinet, a startup on the mission to improve the quality of healthcare delivery, has successfully closed a €548k round of financing led by business angels. The fresh capital will be used to expand the platform’s functionality and provide comprehensive solutions tailored to the needs of doctors, clinic owners, and most importantly, patients.
The multifunctional platform developed by the company is gaining increasing interest from medical facilities and recognition from doctors, as evidenced by the doubling of the customer base in the last twelve months.
Not so long ago, a visit to a medical facility was associated with numerous challenges. The time-consuming process of registration, waiting in lines, and the necessity of carrying all documentation are now slowly becoming a thing of the past. With the advancement of technology, patients can now enjoy a range of improvements and conveniences, such as online appointment scheduling systems, electronic prescriptions, and digital referrals.
Convenience and time-saving are sought after not only by patients but also by doctors and medical facility owners. It is in response to the need for an alternative to traditional phone or in-person registration that eGabinet was created. Adapting to the evolving needs of the market, the company has expanded its capabilities, allowing clinics and medical centers to manage appointments and patient care more effectively and comprehensively.
“Our goal was to develop user-friendly and simple software that allows medical facilities to fully manage patient appointments and their documentation, thereby significantly facilitating the work of doctors and medical staff. eGabinet software, based on cloud technology, enables almost instant access to data and patient history. Thanks to its full integration with medical systems, issued e-certificates and e-prescriptions reach the patient in a maximum of 14 seconds,” said Piotr Strychalski, CEO of eGabinet. “Over the past year, the number of doctors using our solution has doubled, and in response to their needs, we plan to add a range of new functionalities to our system. One of these will be an intuitive financial and accounting module, which will make it easy to manage budgets and control the financial liquidity of medical facilities.”
Traditional management systems in the medical facility market often prove to be complex and non-intuitive, requiring many hours to fully understand and navigate efficiently. In contrast, eGabinet, operating on a SaaS (Software as a Service) model, breaks away from these conventional complexities, offering simplicity, intuitive operation and the absence of initial fees, which allows users to fully leverage its capabilities right from the start. This approach has made eGabinet an increasingly popular choice among medical facilities seeking effective and easy-to-use management tools. It not only simplifies the daily work of medical staff but also raises the standard of patient care, which is of paramount importance in today’s times.
“It’s important to highlight that our system not only streamlines the patient registration and service process but also enhances the overall functioning of the facility. What used to be a manual task of booking consultation rooms and surgical suites is now automated. The system, upon recognizing a specific examination, automatically reserves a room equipped with the necessary medical equipment,” added Strychalski.
Founded in 2020, eGabinet raised its first round of funding that same year from Netrix Ventures. This capital enabled the company to refine its software, build a team, and begin broad-scale implementations. The now-closed round, coming entirely from business angels, will guarantee the startup the funds to introduce a number of new functionalities and intensify its sales efforts.
“eGabinet operates in the rapidly evolving market of medical facility management software. According to a report by Data Bridge Market Research, it was already valued at $6.8 billion in 2021 with a projected value in 2029 reaching $13.85 billion. At the same time, the cumulative annual growth rate (CAGR) is estimated at 9.3%, which shows a really broad perspective and numerous opportunities,” commented Adam Jerusalimcew from Netrix Ventures. “The aforementioned market, combined with the company’s impressive growth over the past two years, allowed the team to raise a high round of financing, despite the general slowdown in investment in our country.”
The capital raised in the current funding round will be crucial for the continued dynamic development of eGabinet. As early as February, the company plans to launch a new financial and accounting module that will further streamline the financial management and accounting processes of medical facilities. Additionally, eGabinet is working on a series of other solutions that will enhance its software offerings in the coming months. A significant next step will be international expansion, which the team of this Polish startup intends to intensify in the second half of this year.
