DEAL

NEON advises doctorly on USD 10 million Series A financing round

Key Facts
Client

doctorly

Volume

$ 10 Mio.

Counsel to

Company

Stage

Series A

Industry

HealthTech

1 March 2023 | NEON has advised Berlin-based health tech startup doctorly in a USD 10 million Series A financing round.

With its practice management software for medical practices, the company offers a digital solution for the healthcare sector that reduces administrative work by half. With the help of the management tool, doctors and patients can be connected easily and intuitively, enabling care thanks to modern information exchange. In addition to WELL Health Technologies and Horizons Ventures (Facebook, Skype, Zoom), existing investors The Delta, Speedinvest, UNIQA Ventures, Calm/Storm and Seedcamp also participated in the round.

Doctorly is the first VC-financed company to receive all necessary approvals to distribute medical practice software in Germany. Doctorly plans to invest the fresh capital in growth in Germany and the development of new features for its practice software.

Background:

In addition to investors, NEON also regularly advises emerging startups during the founding phase and in subsequent financing rounds. Since its founding, the NEON team has provided doctorly with comprehensive advice on both the development of the operational business and financing rounds.

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