Doccla ropes in $3.3Mn seed funding from Giant Ventures & Speedinvest
Category: #business  By Mateen Dalal  Date: 2021-09-17
  • share
  • Twitter
  • Facebook
  • LinkedIn

Doccla ropes in $3.3Mn seed funding from Giant Ventures & Speedinvest

Doccla, a healthcare startup focused on virtual ward technology, has raised $3.3 million in a seed investment round led by Speedinvest and Giant Ventures.

According to the firm, the raised capital will be used to invest in technological innovations and further in medical wearables and journal record systems. Additionally, it plans to strengthen its footprint in the European healthcare market.

Doccla aims at enabling hospitals to estimate when beds will become available by monitoring patients remotely with the help of wearable medical equipment. This subsequently assists in alleviating system bottlenecks.

Founded by Martin Ratz and Dag Larrson, Doccla claims that it has achieved a 29% reduction in Emergency Admissions and a 20% reduction in A&E attendance, saving thousands of bed days for the NHS. Its current competitors are Huma, Current Health, and Cadence.

Recently, Cadence raised $41 million from Thrive and General Catalyst. It offers remote patient monitoring technology that enables clinicians to monitor patients at home and provide tailored feedback via texts and video visits.

Doccla claims that it can also monitor patients at home. Its development was accelerated by the pandemic, alike other technologies. Overburdened hospitals were seen to require technologies that build virtual wards to track patients' movements both in the hospital and when they returned home.

According to Dag Larsson, CEO and co-founder of Doccla – Their firm's end-to-end virtual ward services are simple to implement and challenging to overlook by care providers. The NHS is currently facing a challenging winter season, and Doccla is improving its technology to help healthcare professionals.

He further said that they are different from their competition as their firm helps patients throughout their whole journey including all last-mile activities like logistics, customer service, and even pre-configured mobile phones.

As a result, their firm has been able to win contracts with exceptionally high patient and doctors approval.

Source Credit - https://techcrunch.com/2021/09/15/patient-monitoring-startup-doccla-secures-3-3m-seed-funding-for-virtual-wards-platform/

 

 

  • share
  • Twitter
  • Facebook
  • LinkedIn


About Author

Mateen Dalal    

Mateen Dalal

Mateen has completed his Bachelor’s degree in electronics and telecommunication engineering, post which he lent his proficiency to the industry, working as a quality and test engineer. Drawn intricately toward the field of content creation however, Mateen soon switc...

Read More

More News By Mateen Dalal

Facebook and Instagram owner Meta to lay off 10,000 jobs to cut costs
Facebook and Instagram owner Meta to lay off 10,000 jobs to cut costs
By Mateen Dalal

Meta, the leading American technology company and the owner of social media platforms Facebook and Instagram, has reportedly announced its plans to lay off around 10,000 employees. Apparently, this is going to be the second round of significant la...

Heathrow to lower passenger charges to feed through to the ticket prices
Heathrow to lower passenger charges to feed through to the ticket prices
By Mateen Dalal

Heathrow Airport, the U.K.’s leading international airport, has reportedly been advised to reduce passenger costs for airlines next year, as they would have an impact on ticket pricing. The Civil Aviation Authority (CAA) determined that lowe...

Amazon signs deal with mortgage lender Better.com to give employee benefits
Amazon signs deal with mortgage lender Better.com to give employee benefits
By Mateen Dalal

Amazon, the U.S.-based e-commerce giant, has reportedly inked a deal with struggling mortgage lender, Better.com to provide better perks to employees. For the unversed, Better.com is introducing Equity Unlocker, a product that enables staff member...